Svedbergs Group (SVED) Q2 2026 earnings summary

Executive summary

• Q2 2026 delivered stable performance with net sales of SEK 592 million (up 3.7% YoY), driven by organic growth and the UBC acquisition.

• Integration of UBC in the Czech Republic is progressing well, strengthening Central European presence.

• New segment reporting introduced: Nordics/Norden, Central Europe, and United Kingdom, reflecting strategic development.

• Market recovery is gradual in parts of the Nordics, while UK demand remains subdued.

Financial highlights

• Net sales for Q2 2026: SEK 592 million (up 3.7% YoY); YTD net sales: SEK 1,176 million (up 0.8% YoY).

• Organic growth in Q2: 1.8%; acquisition growth: 4.1%; currency impact: -2.1%.

• Gross margin Q2: 47.7% (47.0); H1: 48.4% (46.5); EBITA margin Q2: 13.7% (14.6%).

• EBITA for Q2: SEK 91 million; EBITA margin: 15.5% (down from 16.7% YoY).

• EPS for Q2: SEK 1.91 (vs. 1.96 YoY); Q2 EPS: 0.78 kr (0.97).

Outlook and guidance

• Well-positioned for continued profitable and sustainable growth despite macro/geopolitical uncertainty.

• Ongoing focus on operational improvements, digitalisation, and new product launches.

• Further acquisitions and integration of UBC and new UK distribution center expected to support growth.