Sweden's Hexatronic Q2 sales, EBITA rise on strength in fiber solutions, data centers

Hexatronic AB

15/07/2026 06:15

Overview
Swedish fiber solutions provider's Q2 net sales rose 11% organically, adjusted EBITA up 33%
Fiber Solutions growth driven by U.S. market demand and performance improvement program
Company completed two acquisitions and raised SEK 600 mln via share issue in Q2

Outlook
Hexatronic expects Q3 2026 results to be in line with Q2 2026
Company expects continued strong growth in Data Center with similar margins as recent quarters
Hexatronic anticipates modest margin improvement in Harsh Environment in H2 2026

Result Drivers
US MARKET DEMAND - Higher volumes in the US drove organic growth and margin expansion in Fiber Solutions, per CEO
DATA CENTER GROWTH - Continued high demand, especially in the US, and the acquisition of Superior Fiber & Data Services fueled Data Center sales
HARSH ENVIRONMENT HEADWINDS - Unfavorable product mix and delayed oil and gas projects weighed on Harsh Environment sales and margins

Company press release: ID:nMFN8GpQXB

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
SEK 2.25 bln
 
Q2 Net Income
 
SEK 131 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Hexatronic Group AB is SEK43.00, about 25.7% above its July 14 closing price of SEK34.20
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 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.)