SIBEK (SIBEK) Q1 26/27 earnings summary

Executive summary

• Revenue for Q1 2026/27 decreased by 5.9% year-over-year to 45,862 TSEK, mainly due to reduced use of subcontracted services.

• EBIT fell 14.8% to 9,049 TSEK, with an EBIT margin of 19.7% compared to 21.8% last year.

• EPS was 0.71 SEK, down from 0.82 SEK in the prior year.

• No significant events occurred during or after the quarter.

Financial highlights

• EBITDA for the quarter was 9,151 TSEK, with an EBITDA margin of 20.0%.

• Net income after tax was 7,205 TSEK, down from 8,360 TSEK year-over-year.

• Cash flow from operations improved to 1,590 TSEK from 46 TSEK in the prior year.

• Equity ratio remained strong at 70%.

Outlook and guidance

• High activity is expected to continue in Q2, especially in commissioning services.

• The seasonal pattern of intense summer periods is likely to repeat in 2027, with secured projects for next summer.

• Growth ambitions remain focused on organic expansion and recruitment of senior and junior consultants.