Precomp Solutions (PCOM) Q1 2026 earnings summary

Executive summary

• Revenue for January–March 2026 was 45.8 MSEK, a slight decrease from 46.4 MSEK year-over-year, but profitability improved significantly with EBITDA at 2.0 MSEK (0.7) and EBIT at 1.1 MSEK (-0.2).

• Operational stability and profitability increased, attributed to ongoing efficiency measures and process improvements.

• Demand remained weak in the light vehicle sector, while the heavy vehicle segment showed strengthening trends.

• A successful VDA audit from a major customer confirmed strong process quality and operational stability.

Financial highlights

• EBITDA rose to 2.0 MSEK from 0.7 MSEK year-over-year; EBIT improved to 1.1 MSEK from -0.2 MSEK.

• Cash flow from operating activities was 7.0 MSEK, up from 1.8 MSEK year-over-year.

• Net income for the quarter was 0.4 MSEK, compared to -1.1 MSEK in the prior year.

• Operating margin reached 2.4% versus negative in the previous year.

• Earnings per share was 0.0 SEK, compared to negative in the prior year.

Outlook and guidance

• Management expects continued positive development for the remainder of 2026, with ongoing efficiency, LEAN, and automation initiatives.

• Full series production from new tooling is planned for 2027, expected to boost future volumes and earnings.

• A key IATF 16949 recertification is scheduled for Q2 2026, supporting quality positioning in the automotive sector.

• Efforts to broaden the customer base and expand beyond the automotive sector are ongoing.