Sweden's Prevas Q1 revenue falls 1.1%

Prevas AB

05/05/2026 07:39

Overview

Swedish product development firm's Q1 revenue fell 1.1% yr/yr, EBITA rose slightly

Adjusted EBITA margin reached 9.3%, aided by improved utilization and cost control

Company signed record SEK 80 mln EAM contract after quarter end

Outlook

Company says it is taking steps to strengthen underperforming units to improve future margins

Prevas sees positive impact from AI on internal efficiency and customer engagements

Company expects record EAM contract to strengthen its position in the Nordics

Result Drivers

UTILIZATION & COST CONTROL - Co said improved resource utilization and cost control drove adjusted EBITA margin

RESTRUCTURING COSTS - Operating profit was reduced by restructuring costs in Denmark and Skåne, aimed at strengthening efficiency and margins going forward

AI EFFICIENCY GAINS - Co said AI is contributing to increased efficiency internally and in customer engagements

Company press release: ID:nWkr9LF7sw

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 425.80 mln
Q1 Net Income
SEK 20.60 mln
Q1 EBIT
SEK 31.90 mln
Q1 EBITA
SEK 35.70 mln


Analyst Coverage

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