Enento Group (ENENTO) Pre-silent call summary

Executive summary

• Transitioning to a country-based organizational model to enhance commercial accountability and profit responsibility, effective from Q1 2026, with Finland, Sweden, and Norway-Denmark as separate reporting segments.

• Financial reporting will be harmonized with the new structure, and restated 2025 quarterly comparisons will be provided for transparency.

• No major one-off restructuring costs expected in Q1, mainly limited to management changes.

Trading performance and revenue trends

• Stable volume development in both Finland and Sweden, with Finland impacted by macro trends and Sweden by low housing transactions.

• Early signs of improving volumes in Swedish consumer credit in March, though too early for conclusions.

• SME transformation in Sweden is progressing, with digital contract renewals supporting profitability and order intake improving.

• Norway and Denmark continue to perform well.

Profitability and margins

• Profitability supported by cost savings and changes in sales mix, with costs largely offsetting inflation.

• Digitalized renewals in Swedish SME segment reduce sales commissions and support margin improvement.