Norditek Group (NOTEK) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2025/26 was 31,600 TSEK, down 6.6% year-over-year, with EBITA margin at 10.7% due to timing effects in project deliveries.

• First half-year revenue grew 9.6% year-over-year to 64,509 TSEK, but margins declined compared to the previous year.

• Strong liquidity maintained despite significant investments in new headquarters and test center, with positive cash flow of 17.9 MSEK for the quarter.

• Strategic move into new headquarters and test center completed, enhancing operational efficiency and customer engagement.

Financial highlights

• Q2 EBITA was 3,375 TSEK (10.7% margin), down from 7,627 TSEK (22.6%) year-over-year.

• Q2 EBIT was 2,082 TSEK (6.6% margin), down from 6,599 TSEK (19.5%).

• Net income for Q2 was 1,077 TSEK, compared to 4,645 TSEK last year.

• EBITDA for Q2 was 3,434 TSEK (10.9% margin), down from 7,701 TSEK (22.8%).

• Earnings per share before dilution for Q2 was 0.08 SEK, down from 0.37 SEK year-over-year.

Outlook and guidance

• No formal forecasts provided; management notes that quarterly results may vary due to timing of large project deliveries.

• Continued focus on growth in prioritized European markets and leveraging new test center for increased sales efficiency.