Finland's Enersense Q1 revenue falls 12.4% after unit sales

Enersense International Oyj

07/05/2026 06:38

Overview

Finland critical infrastructure firm's Q1 revenue fell 12.4% yr/yr as units were sold or discontinued

Adjusted EBITDA declined, reflecting lower profitability versus prior year

Company completed share buyback and raised strategic growth, profitability targets after Q1

Outlook

Enersense estimates 2026 adjusted EBITDA at EUR 19–23 mln, guidance unchanged

Company expects increasing earnings and growth, especially in the second half of 2026

Enersense sees favourable market conditions in key segments with ongoing infrastructure investments

Result Drivers

UNIT SALES/DISCONTINUATIONS - Revenue decline mainly reflected units sold or discontinued in 2025, per company

ONE-OFF ITEM IMPACT - Prior year adjusted EBITDA benefited from a EUR 1 mln provision release, affecting year-on-year comparison, per CEO

ORDER BOOK GROWTH - Order book increased for fourth consecutive quarter, but longer lead times mean orders remain unexecuted longer, per CEO

Company press release: ID:nMFN2t72z

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 61.10 mln


Analyst Coverage

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

The average consensus recommendation for the construction & engineering peer group is "buy."

Wall Street's median 12-month price target for Enersense International Oyj is €4.90, about 52.2% above its May 6 closing price of €3.22

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 33 three months ago

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(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.)