+
+
Ulf Lilius, President & CEO

CEO comment, Q2 2026

Positive performance amid continued challenges in parts of the market

The business climate in the Group’s main markets in the Nordic region improved slightly during the second quarter of the year, even though the market continued to be characterised by variations between customer segments and fluctuating activity levels. The Group reported increased revenue, improved margins and higher earnings driven by positive performances in both business areas. Acquired operations made a strong contribution to both revenue and earnings, and our decentralised structure – together with a strong financial position – means that we are well equipped for continued long-term, profitable growth.

Ulf Lilius, President & CEO

The Group reported increased revenue, improved margins and higher earnings during the second quarter of the year. This improvement was driven by positive performances in both business areas. The organic sales trend was slightly positive overall, with a good performance in Sweden, while the Danish market remained weak. The level of acquisition activity in the quarter was also high, with acquired operations making a strong contribution to both revenue and earnings. To date this year, Momentum Group has completed six acquisitions, with combined annual revenue of approximately SEK 230 million.

Second quarter 2026

  • Revenue increased by 8% SEK 886 million (824). For comparable units, sales were unchanged.
  • Operating profit increased by 24% to SEK 97 million (78), corresponding to an operating margin of 10.9% (9.5).
  • EBITA increased by 23% to SEK 113 million (92), corresponding to an EBITA margin of 12.8% (11.2).
  • Profit for the quarter amounted to SEK 70 million (54), corresponding to earnings per share of SEK 1.30 (1.05).
  • Acquisition of Actuated Solutions, a specialist in valve automation in the UK.
  • Acquisition of Limo, a specialist in motion control and energy-absorbing industrial components.
  • Acquisition of Ceon, a specialist in valves and actuators with a focus on the marine sector in the Nordic region.
  • Acquisition of IntentiusGruppen (Intentius Industri-komponenter and Tryggve Olson Normdetaljer), a specialist in advanced machining and industrial components.

January–June 2026

  • Revenue increased by 4% to SEK 1,622 million (1,559), of which –3% for comparable units.
  • Operating profit increased by 10% to SEK 153 million (139), corresponding to an operating margin of 9.4% (8.9), where the previous year was affected by non-recurring items of SEK –3 million.
  • EBITA increased by 9% to SEK 183 million (168), corresponding to an EBITA margin of 11.3% (10.8).
  • Profit for the period amounted to SEK 108 million (98), corresponding to earnings per share of SEK 2.05 (1.90).
  • The return on working capital (EBITA/WC) was 59% (58).
  • The equity/assets ratio was 32% (29) at the end of the period.
  • As of 30 June 2026, the number of repurchased shares of series B amounted to 1,044,259.
  • During the first quarter, Höglandets Kompressorservice was acquired.

Events after the end of the period

  • No significant events have occurred after the end of the period.

A quarterly presentation is available on the company’s website, momentum.group, where Ulf Lilius, CEO and Niklas Enmark, CFO present the report and provide an update on operations.

Q2 Jan-Jun R12 Jun
2026 2025 Δ 2026 2025 Δ 2026 2025 Δ
Revenue 886 824 8% 1,622 1,559 4% 3,160 2,998 5%
Operating profit 97 78 24% 153 139 10% 293 270 9%
EBITA 113 92 23% 183 168 9% 352 327 8%
Net profit 70 54 30% 108 98 10% 206 187 10%
Earnings per share before and after dilution, SEK 1.30 1.05 24% 2.05 1.90 8% 3.95 3.60 10%
Operating margin 10.9% 9.5% 9.4% 8.9% 9.3% 9.0%
EBITA margin 12.8% 11.2% 11.3% 10.8% 11.1% 10.9%
Return on working capital (EBITA/WC) 59% 58%
Operational net loan liability 517 456
Equity/assets ratio 32% 29%

Add to calendar

17 Jul 2026

Interim report second quarter 2026

Share

Contact