Sweden's Enea Q1 sales rise 4%, EBITDA up 42%

Enea AB

23/04/2026 06:45

Overview

Swedish telecom software provider's Q1 net sales rose 4% yr/yr, driven by growth portfolio

Adjusted EBITDA rose 42% yr/yr, supported by cost controls

Geopolitical uncertainty delayed customer investments in Middle East, but guidance unchanged

Outlook

Enea expects 2026 sales growth in the single digits with adjusted EBITDA margin above 30%

Company targets 2026-2028 average annual compound growth above 10% and EBITDA margin over 35%

Enea says guidance for 2026 and long-term targets remain unchanged despite geopolitical challenges

Result Drivers

GROWTH PORTFOLIO - Revenue growth was driven by a 17% increase in the growth portfolio

SIGNALING & MESSAGING SECURITY - Segment performed very well in the quarter, reflecting underlying strength, according to CEO Teemu Salmi

Company press release: ID:nMFN4l8xnc

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
SEK 0.98
Q1 Net Income
SEK 18.60 mln
Q1 Adjusted EBITDA
Beat
SEK 75 mln
SEK 41 mln (1 Analyst)

Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Enea AB is SEK85.00, about 33.6% above its April 22 closing price of SEK63.60

The stock recently traded at 12 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.)