Sweden's Nordisk Bergteknik Q1 sales fall 2%, hurt by weak market & seasonality

Nordisk Bergteknik AB (publ)

05/05/2026 06:54

Overview

Sweden rock handling firm's Q1 net sales fell 2% amid weak market conditions

Adjusted EBIT margin rose to 3.5% from 2.5% as profitability focus took effect

Q1 adjusted EPS turned positive year-over-year

Outlook

Company says market remains cautious and business climate is challenging due to geopolitical uncertainty

Nordisk Bergteknik sees activity levels gradually increasing in large infrastructure projects

Company says higher prices for fuel and input materials are negatively affecting investment appetite

Result Drivers

WEAK MARKET & SEASONALITY - Co said Q1 was seasonally weak and market remained cautious, with a challenging business climate impacting demand

HIGHER INPUT COSTS - Uncertain geopolitical situation led to higher prices for fuel and certain input materials, negatively affecting results

PROFITABILITY FOCUS - Improved adjusted EBIT margin attributed to focus on profitability over volume and transformation initiatives, per CEO

Company press release: ID:nWkr486lKq

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 811 mln
Q1 Adjusted EPS
SEK 0.07
Q1 Adjusted EBIT
SEK 28 mln
Q1 Adjusted Free Cash Flow
-SEK 5 mln
Q1 Organic Growth
-1.00%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

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

Wall Street's median 12-month price target for Nordisk Bergteknik AB (publ) is SEK12.50, about 7.3% above its May 4 closing price of SEK11.65

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 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.)