Sweden's Indutrade Q2 sales and EBITA beat estimates, helped by acquisitions

Indutrade AB

16/07/2026 06:38

Overview
Sweden technology and industrial group's Q2 net sales rose 11%, beating analyst expectations
Q2 EBITA increased 19%, beating analyst expectations, margin improved to 14.7%
Company reported record order intake and continued strong pace of acquisitions

Outlook
Company expects strong order backlog and recent acquisitions to support positive development in H2 2026
Company says significant economic uncertainty remains due to geopolitical situation
Indutrade says it is well positioned in structurally growing market areas entering H2 2026

Result Drivers
ORGANIC GROWTH - Co said organic growth in order intake and net sales contributed to improved results, with positive development in most customer segments and business areas
ACQUISITIONS - Acquisitions contributed to growth in net sales and EBITA, with effects amounting to 6% and 8% respectively in the qtr
MARGIN IMPROVEMENT - EBITA margin improved due to organic sales growth, strong gross margin and positive effects from acquisitions

Company press release: ID:nMFNcfTlyg

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2Net  Sales
Beat
SEK 8.99 bln
SEK 8.62 bln (6 Analysts)
Q2 EPS
 
SEK 2.15
 
Q2 Net Income
 
SEK 784 mln
 
Q2 EBITA
Beat
SEK 1.32 bln
SEK 1.21 bln (5 Analysts)
Q2 EBITA Margin
 
14.70%
 
Q2 Orders
 
SEK 9.41 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Indutrade AB is SEK240.00, about 10.2% above its July 15 closing price of SEK217.80
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 24 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.)