HR consulting firm BTS' Q1 EBITA up 5% on North America unit strength

BTS AB

21/05/2026 05:39

Overview

Sweden HR consulting firm's Q1 net sales fell yr/yr, but grew 5% adjusted for currency

Q1 EBITA rose 5% and EBITA margin improved to 10.3%

Company says North America unit returned to growth, driving profit improvement

Outlook

BTS Group estimates 2026 EBITA will be better than 2025

Result Drivers

NORTH AMERICA RECOVERY - Co said profit improvement was driven by its North America unit returning to growth

AI-RELATED DEMAND - Co said AI companies in North America are increasingly choosing BTS for people and leadership development needs

Company press release: ID:nGNE5gkrWG

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 602 mln
Q1 EPS
SEK 1.42
Q1 Net Income
SEK 26 mln
Q1 EBITA
SEK 62 mln
Q1 EBITA Margin
10.30%


Analyst Coverage

Wall Street's median 12-month price target for BTS Group AB is SEK153.50, about 4.7% below its May 20 closing price of SEK161.00

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)