Nordic Flanges Group (NFGAB) Q2 2026 earnings summary

Executive summary

• Revenue for April–June 2026 increased by 15.8% year-over-year to 69.8 MSEK, with EBITDA rising to 8.2 MSEK and a margin of 11.7%.

• Net income for the quarter was 3.4 MSEK, a significant turnaround from -4.4 MSEK last year.

• Strong order book and higher demand across all production units, with a positive outlook for the second half of 2026.

• Cost reductions and efficiency measures have strengthened the balance sheet and improved profitability.

Financial highlights

• Q2 2026 revenue: 69.8 MSEK (60.3), EBITDA: 8.2 MSEK (1.5), EBIT: 5.8 MSEK (-1.4), net income: 3.4 MSEK (-4.4).

• H1 2026 revenue: 131.6 MSEK (123.2), EBITDA: 14.0 MSEK (4.9), EBIT: 9.3 MSEK (-1.0), net income: 5.2 MSEK (-4.4).

• Operating cash flow for Q2: 6.1 MSEK (-1.7), H1: 8.2 MSEK (4.3).

• Equity per share: 10.73 SEK (7.05), solidity: 21.5% (14.0%).

• Net debt reduced to 37.6 MSEK (45.5), net debt/equity ratio improved to 1.5x (2.8x).

Outlook and guidance

• Entering Q3 with a strong order book and higher order levels than previous years.

• Continued focus on automation, efficiency, and investments in new technology to reduce environmental impact and raw material use.

• Expectation of increased demand from key customers and new business opportunities in H2 2026.