Novus Group (NOVU) Q2 2026 earnings summary

Executive summary

• Revenue for April–June 2026 increased to SEK 17,471k from SEK 15,821k year-over-year, with operating profit improving to SEK 1,864k from a loss of SEK -1,385k.

• Operating margin rose to 10.7% from -8.7% year-over-year, reflecting successful cost control and efficiency measures.

• CEO transition occurred in May 2026, with Ana Serafimovska appointed as CEO and Torbjörn Sjöström as chairman.

• The company launched new initiatives, including regional voter barometers and the Demokratirapporten 2026.

Financial highlights

• Net sales for H1 2026 reached SEK 33,369k, up from SEK 32,418k year-over-year.

• Operating profit for H1 2026 was SEK 3,848k, compared to a loss of SEK -958k in H1 2025.

• Earnings per share for H1 2026 were SEK 0.37, up from SEK -0.09 year-over-year.

• Cash flow for H1 2026 was SEK 7,417k, up from SEK 1,957k year-over-year.

• Liquid assets at June 30, 2026, totaled SEK 11,653k, compared to SEK 6,795k a year earlier.

Outlook and guidance

• The company expects continued high activity in the third quarter due to the election year, with ongoing regional voter barometers and opinion surveys.

• Focus remains on leveraging existing expertise for new business opportunities and maintaining profitability.