Pamica Group (PAMICA) Q2 2026 earnings summary

Executive summary

• Net sales rose 18.1% year-over-year in Q2 2026 to MSEK 1,568.0, with organic growth of 16.8%.

• Adjusted EBITA increased 49.4% to MSEK 171.0, with margin improving to 10.9% from 8.6%.

• Profit for the period more than doubled to MSEK 88.6, and diluted EPS reached SEK 0.79.

• Both organic and inorganic growth strategies contributed, including the acquisition and integration of Aluhak Gruppen.

• Management succession with new CEO and board changes implemented for stability and succession.

Financial highlights

• H1 2026 net sales up 12.9% to MSEK 2,835.0; organic growth 13.9%.

• Adjusted EBITA for H1 up 50.1% to MSEK 242.6; margin at 8.6%.

• Operating cash flow rose 63.1% to MSEK 172.3 in Q2; H1 operating cash flow at MSEK 257.1.

• Strong liquidity position with total available cash (including unutilized credit) at 590.6 MSEK as of June 30, 2026.

• Net debt/adjusted proforma EBITDA improved to 3.05x from 3.82x.

Outlook and guidance

• Management expects continued stable performance for the remainder of 2026, supported by positive market trends and ongoing efficiency initiatives.

• Strategic review and IPO-readiness project underway, with updates expected during the remainder of 2026.