Sitowise Group (SITOWS) Q2 2026 earnings summary

Executive summary

• Divestment of the Swedish business sharpened focus on core, profitable operations and enabled resource reallocation to growth and technology initiatives.

• Q2 2026 net sales for continuing business increased by 1.2% year-over-year to EUR 43.1 million, with an adjusted EBITA margin of 7.4%.

• Infra segment delivered robust organic growth and profitability, while Buildings and Digital Solutions faced challenging markets.

• Order intake was strong at EUR 50.8 million, with the order book rising to EUR 145 million, supporting future growth.

• Strategic focus shifted to profitability, technology advancement, and sustainable growth, with AI and data centers as key priorities.

Financial highlights

• Q2 2026 net sales for continuing business were EUR 43.1 million, up 1.2% year-over-year, driven by Infra's strong organic growth.

• Adjusted EBITA margin remained at 7.4% year-over-year; operating profit for Q2 was EUR 1.2 million.

• Result for the period was -EUR 0.2 million; EPS was -EUR 0.01.

• Cash flow from operating activities before financial items and taxes was EUR 1.3 million.

• Net debt decreased to EUR 69.9 million, with leverage (Net debt/Adj. EBITDA) improving to 4.2x.

Outlook and guidance

• Infra market expected to remain stable, supported by green transition, security, and digitalization demand.

• Buildings market to stay weak through 2026–2027, with data centers and renovation as growth areas.

• Digital Solutions faces a weak outlook with longer sales cycles, price pressure, and postponed investments.

• No financial guidance issued for 2026 due to uncertainty in construction market recovery; AI and automation adoption accelerating.