Transtema Group (TRANS) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 was 636.4 MSEK, down 5.3% year-over-year, with organic decline of 6.1%.

• Adjusted EBITA for Q2 was 7.6 MSEK (margin 1.2%), impacted by restructuring costs; reported EBITA was -10.2 MSEK.

• Cash flow from operations improved to -7.8 MSEK from -39.6 MSEK in Q2 2025.

• Net result attributable to shareholders was -22.5 MSEK for Q2, or -0.48 SEK per share.

• Strategic focus on efficiency and profitability, with ongoing cost-saving and restructuring programs.

Financial highlights

• Q2 revenue: 636.4 MSEK (671.8), -5.3% year-over-year; H1 revenue: 1,183.4 MSEK (1,269.1), -6.8%.

• Adjusted EBITA Q2: 7.6 MSEK (22.1), margin 1.2% (3.3%).

• EBITA Q2: -10.2 MSEK (22.1), margin -1.6% (3.3%).

• Net debt/EBITDA at 6.8 (2.2) at quarter end.

• Cash flow from operations Q2: -7.8 MSEK (-39.6); H1: 15.9 MSEK (-54.1).

Outlook and guidance

• Management expects continued positive effects from restructuring and efficiency programs in coming quarters.

• Swedish market remains stable with strong demand; Norwegian market faces lower demand and price pressure.

• Positive outlook for the electricity market segment, with expectations for further business additions in autumn.