Nilsson Special Vehicles (NILS) Q1 2026 earnings summary

Executive summary

• Order intake rose to 20 vehicles (40,549 KSEK), up from 8 vehicles (10,257 KSEK) year-over-year.

• Net sales decreased by 35% to 31,319 KSEK compared to the same quarter last year due to delayed deliveries from component shortages.

• EBITDA was 533 KSEK, down from 839 KSEK year-over-year.

• Result after tax was -144 KSEK, compared to 87 KSEK in the prior year.

• Order backlog remains strong, covering nearly the entire business year.

Financial highlights

• Net sales: 31,319 KSEK (down from 47,951 KSEK year-over-year).

• EBITDA: 533 KSEK (down from 839 KSEK year-over-year).

• Result after tax: -144 KSEK (down from 87 KSEK year-over-year).

• Cash flow from operations: -6,537 KSEK (prior year: -5,356 KSEK).

• Liquidity at period end: 24 KSEK (prior year: 134 KSEK).

Outlook and guidance

• Delayed deliveries expected to be realized in coming quarters, supporting future revenue and earnings.

• Demand remains strong, with new framework agreements signed for up to 40 ambulances.

• Ongoing product development, including a new electric hearse and initiatives to increase recurring revenue.