Loihde (LOIHDE) Q1 2026 earnings summary

Executive summary

• Adjusted EBITDA rose 75% year-over-year to €2.6 million, representing 7.6% of revenue, marking the highest Q1 EBITDA since IFRS transition and the best Q1 profitability in company history.

• Revenue was €34.6 million, down 2% year-over-year but in line with expectations.

• All business units achieved clear profit improvement year-over-year.

• Integration preparations for the BLC acquisition are progressing, though regulatory review is ongoing.

Financial highlights

• Adjusted EBITDA for Q1 2026 was €2.6 million (7.6% margin), up from €1.5 million (4.3%) in Q1 2025.

• EBITDA reached €2.3 million, up from €1.3 million in Q1 2025.

• Q1 2026 revenue was €34.6 million, compared to €35.2 million in Q1 2025.

Outlook and guidance

• Revenue and adjusted EBITDA for 2026 are expected to grow or remain at 2025 levels.

• Guidance does not yet include the impact of the BLC Turva acquisition, pending regulatory approval.