Precio Fishbone (PRCO) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 increased by 8.8% year-over-year to 46.0 MSEK, with EBITA rising to 1.7 MSEK from 1.6 MSEK.

• For H1 2026, revenue grew 6.2% to 91.3 MSEK, and EBITA reached 4.0 MSEK, up from 3.5 MSEK.

• Investments in recruitment and AI drove higher sales and costs, keeping margins stable.

• Public sector remains the largest customer segment, accounting for over 40% of revenue.

Financial highlights

• EBITA margin for Q2 was 3.7% (3.8% last year); EBIT margin was 3.6% (3.8%).

• Net income for Q2 was 0.5 MSEK (0.8 MSEK last year); EPS was 0.06 SEK (0.09 SEK).

• H1 net income was 1.6 MSEK (1.3 MSEK); EPS was 0.18 SEK (0.14 SEK).

• Cash flow from operations in Q2 was 1.7 MSEK (unchanged year-over-year); H1 cash flow was 5.3 MSEK (4.3 MSEK).

• Dividend of 0.50 SEK per share approved for 2025.

Outlook and guidance

• Management expects margin improvement in H2 2026 as restructuring costs subside.

• Positive outlook for public sector demand and web development, with potential for further acquisitions.

• SaaS segment NGOonline shows signs of recovery, with hopes to add new customers in H2.