Malmbergs Elektriska (MEAB) Q2 2026 earnings summary

Executive summary

• Revenue for January–June 2026 was 207,916 kkr, down from 222,980 kkr year-over-year.

• Operating result improved to -11,862 kkr from -15,972 kkr year-over-year, reflecting increased efficiency rather than market strength.

• Net result after tax was -11,748 kkr, an improvement from -19,458 kkr year-over-year.

• Demand remains cautious, with longer investment decision cycles impacting sales.

• Strategic focus on efficiency and cost discipline is yielding tangible improvements.

Financial highlights

• Earnings per share for the period were -1.47 kr, up from -2.43 kr year-over-year.

• Cash flow from operating activities was 8,673 kkr, down from 31,485 kkr year-over-year.

• Return on equity was -2.6%, compared to -8.8% year-over-year.

• Equity ratio (soliditet) stood at 66.2% at period end, slightly down from 67.8% year-over-year.

• Liquidity at period end was 58,560 kkr, up from 53,933 kkr a year earlier.

Outlook and guidance

• Market conditions remain unchanged with continued cautious demand and slow investment decisions.

• Management expects ongoing operational improvements to drive gradual strengthening each quarter.