Finland's Enersense Q2 revenue falls 5%, adjusted EBITDA flat

Enersense International Oyj

13/08/2026 06:40

Overview
Finland energy infrastructure provider's Q2 revenue fell 5% yr/yr, adjusted EBITDA was flat
Revenue excluding units sold or discontinued in 2025 grew 0.8%
Enersense improved cash flow and strengthened financial position in Q2

Outlook
Enersense maintains 2026 adjusted EBITDA guidance at €19–23 mln
Company expects full-year adjusted EBITDA to be weighted towards the end of 2026
Enersense sees favourable market conditions in key segments in 2026

Result Drivers
BUSINESS UNIT MIX - Revenue growth in Power unit offset by declines in Connectivity and significant drop in Energy Transition unit, due to project portfolio focus and efficiency improvements
VALUE UPLIFT PROGRAMME - Completion of efficiency programme exceeded targets, improving competitiveness and profitability
DATA CENTRE AND ENERGY TRANSITION ORDERS - New orders from data centre and energy transition projects supported strategic focus

Company press release: ID:nMFN9p8tkX

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
EUR 73.10 mln
 
Q2 Adjusted EBITDA
 
EUR 3.10 mln
 
Q2 EBIT
 
-EUR 900,000
 
Q2 EBITDA
 
EUR 1.20 mln
 
Q2 EBITDA Margin
 
1.60%
 

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 €13.25, about 235.4% above its August 12 closing price of €3.95
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 three months ago

Reuters Recommended Reads
Aug 12 - Finland's Sitowise Q2 net sales rise 1.2%, boosted by infra business
Aug 13 - Norway's Moreld Q2 revenue rises on project execution, maintains FY EBITDA forecast
Aug 10 - Energy Services of America Q3 revenue rises 25.5% on strong segment demand

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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.)