Siljansvik (SIVI) Q1 2026 earnings summary

Executive summary

• Earnings per share rose to 1.46 SEK in Q1 2026 from 0.96 SEK in Q1 2025, with net asset value per share increasing to 151 SEK from 143 SEK year-over-year.

• All owned subsidiaries and associated companies improved their results, driven by strong performance in energy and digital infrastructure segments.

• Operating expenses decreased to 5.1 MSEK from 6.7 MSEK, supporting profitability.

• Strategic focus remains on local investments in energy transition, digitalization, and infrastructure resilience.

Financial highlights

• Net sales reached 23,472 TSEK, up from 4,698 TSEK in Q1 2025.

• EBIT increased to 19,311 TSEK from 14,327 TSEK year-over-year.

• Net profit attributable to shareholders was 20,030 TSEK, down from 23,760 TSEK in Q1 2025.

• Substantial cash position with 971,643 TSEK at period end.

• Proposed dividend per share is 2.52 SEK.

Outlook and guidance

• Revised financial targets: annual NAV growth >7%, return on available investment capital >3% plus inflation, annual dividend >2.50 SEK/share, and total return >7%.

• Continued focus on partnerships and local investments to drive growth and resilience.