Sweden's NYAB posts higher Q2 revenue, profit; civil engineering order backlog at record high

NYAB AB

13/08/2026 06:43

Overview
Sweden engineering and construction firm's Q2 revenue rose 19% yr/yr
Q2 operating profit grew 45% yr/yr, with margin improving to 5.1%
Civil Engineering order backlog reached record high in Q2

Outlook
Company says second half is traditionally its strongest period for revenue and earnings

Result Drivers
CIVIL ENGINEERING GROWTH - Revenue in Civil Engineering rose 28% and operating profit climbed 52% yr/yr, with margin improving to 6.3%
RECORD ORDER BACKLOG - Civil Engineering order backlog reached EUR 501.6 mln, an 18% increase yr/yr
STRONG PROJECT PORTFOLIO - CEO cited a well-balanced project portfolio and solid financial position entering H2

Company press release: ID:nWkr9zssSk

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
EUR 161.90 mln
EUR 149 mln (1 Analyst)
Q2 EBIT
 
EUR 8.30 mln
 
Q2 Free Cash Flow
 
EUR 1.80 mln
 
Q2 Order Backlog
 
EUR 501.60 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 Nyab AB is SEK7.80, about 26.8% above its August 12 closing price of SEK6.15
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 12 - Balfour Beatty H1 profit, revenue rise on US, UK demand; lifts outlook
Aug 12 - North American Construction's Q2 combined revenue rises 23%
Aug 13 - Norway's Moreld Q2 revenue rises on project execution, maintains FY EBITDA forecast

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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.)