Recyctec (RECY) Q2 2026 earnings summary

Executive summary

• Net sales increased by 47% year-over-year to 4,122 KSEK in Q2 2026, driven by strong sales efforts and a major order from Sandbäckens Rör.

• Operating loss (EBIT) improved significantly to -488 KSEK from -2,721 KSEK in Q2 2025, reflecting better cost control and higher revenues.

• The company remains focused on achieving positive operating results and cash flow within the next year, supported by a favorable market climate and improved cost structure.

• A new CEO, Linus Wessman, was appointed in August 2026, with the previous CEO transitioning to COO.

Financial highlights

• Net sales for Q2 2026: 4,122 KSEK (up from 2,797 KSEK in Q2 2025).

• EBIT for Q2 2026: -488 KSEK (improved from -2,721 KSEK in Q2 2025).

• Net result for Q2 2026: -539 KSEK (improved from -2,917 KSEK in Q2 2025).

• Cash and cash equivalents at period end: 39.9 KSEK (down from 561.2 KSEK at Q2 2025).

• Equity at period end: -4,019 KSEK (compared to -8,271 KSEK at Q2 2025).

Outlook and guidance

• Management maintains the goal of reaching positive operating profit and cash flow within the next year.

• Increased inquiries for larger volumes and a more favorable business climate support expectations for profitable growth.

• The Finnish subsidiary is expected to gradually increase sales following a new distribution agreement.