Lundbergföretagen (LUND) Q1 2026 earnings summary

Executive summary

• Net asset value after deferred tax rose to SEK 149.3 billion (SEK 602/share) as of March 31, 2026, up from SEK 145.5 billion (SEK 587/share) at year-end 2025.

• Consolidated net sales were SEK 8,255 million, nearly flat year-over-year.

• Profit after financial items increased to SEK 5,869 million from SEK 4,180 million year-over-year.

• Earnings per share attributable to shareholders reached SEK 19.16, up from SEK 12.71.

• Investments in listed shares totaled SEK 994 million up to May 19, 2026.

Financial highlights

• Operating profit was SEK 6,036 million, up from SEK 4,324 million year-over-year.

• Profit after tax was SEK 5,314 million, compared to SEK 3,690 million year-over-year.

• Adjusted profit after financial items (excluding unrealized changes) was SEK 5,480 million, up from SEK 4,027 million.

• Group shareholders’ equity increased to SEK 184,465 million from SEK 179,067 million at year-end.

• Cash flow from operating activities was SEK 1,541 million for the quarter.

Outlook and guidance

• No explicit forward-looking guidance provided, but continued investments in listed shares and real estate signal ongoing growth focus.