Interim Report 1 January – 30 June 2026

Return on capital employed Q2 2026

12.4%

EBITA growth Q2 2026 compared with Q2 2025

-38%

EBITA margin Q2 2026

10.2%

Addnode Group, Audiocast with teleconference, Q2, 2026

July 15th 2026 11:00 (CEST)
Webcast details

Speakers

CEO Johan Andersson, CFO Kristina Elfström Mackintosh

Teleconference

Dial-in number to the teleconference will be received by registering on the link below. After the registration you will be provided phone numbers and a conference/user ID to access the conference. https://events.inderes.com/addnode-group/q2-report-2026/dial-in

Webcast

Stable underlying business and improved efficiency

“Our operations continued to deliver a stable performance during the quarter, although reported growth was impacted by the renewal cycle for Autodesk agreements. We are improving our profitability across several areas of the Group and have now carried out an efficiency program in Symetri to strengthen our focus on new sales and realize synergies. With strong customer relationships, growing AI-related opportunities, and a clear acquisition agenda, Addnode Group is well positioned for continued profitable growth.”

Johan Andersson
President and CEO

Second quarter April 1 – June 30, 2026

  • Net sales amounted to SEK 1,449 m (1,457). Organic growth was -11 percent. Currency effects had an impact of SEK -7 m (-69) on net sales. Early renewals of three-year agreements had a positive impact of approximately SEK 80 m on net sales for the second quarter of 2025, which has affected comparability. Adjusted for this, organic growth was -5 percent.
  • A restructuring program has been carried out in the Design Management division to strengthen the focus on new sales and realize synergies. The program is expected to generate annual cost savings of approximately SEK 100 m. Restructuring costs of SEK 28 m were charged to earnings for the second quarter.
  • EBITA amounted to SEK 148 m (238). Currency effects had an impact of SEK -2 m ( -16 ) on EBITA. The EBITA margin was 10.2 percent (16.3). Excluding restructuring costs, EBITA amounted to SEK 176 m, corresponding to a margin of 12.1 percent. Adjusted for the previous year’s positive impact of SEK 70 m from early contract renewals, EBITA for the comparative period amounted to SEK 168 m, corresponding to a margin of 11.5 percent.
  • Operating profit totaled SEK 58 m (170), corresponding to an operating margin of 4.0 percent (11.7).
  • Net profit for the period amounted to SEK 20 m (104).
  • Earnings per share before and after dilution decreased to SEK 0.15 (0.78).
  • Cash flow from operating activities improved to SEK 62 m (-33).

Events after the end of the reporting period

  • No significant events have occurred since the end of the period.

Key figures

Key figures Second quarter 6 mos Rolling 12 mos Full year
2026
Apr–Jun
2025
Apr–Jun
2026
Jan–Jun
2025
Jan–Jun
Jul 2025
–Jun 2026
2025
Net sales, SEK m 1,449 1,457 2,981 2,918 5,856 5,793
Gross profit, SEK m 1,109 1,127 2,311 2,250 4,504 4,443
Gross margin, % 76.5 77.4 77.5 77.1 76.9 76.7
EBITA, SEK m1) 148 238 422 456 870 903
EBITA margin, % 10.2 16.3 14.2 15.6 14.9 15.6
Operating profit (EBIT), SEK m1) 58 170 244 319 531 607
Operating margin, % 4.0 11.7 8.2 10.9 9.1 10.5
Net profit for the period, SEK m 20 104 133 193 324 384
Earnings per share, SEK 0.15 0.78 0.98 1.45 2.39 2.87
Cash flow from operating activities, SEK m 62 -33 425 170 685 430
Return on capital employed, %2) 12.4 19.1 12.4 19.1 12.4 14.1
Return on equity, %2) 12.3 18.3 12.3 18.3 12.3 14.8
Equity/assets ratio, % 30 30 30 30 30 28
Debt/equity ratio, % 86 48 86 48 86 90

1) The January–June 2026 period and April–June 2026 period were impacted by restructuring costs of SEK -28 m. The January–June 2025 period was impacted by restructuring costs of SEK -24 m and early contract renewals of SEK 70 m.
2) Key figures have been adjusted to reflect annualized return.

All amounts are presented in millions of Swedish kronor (SEK m) unless indicated otherwise. Rounding differences of SEK +/-1 m may occur in totals. In cases where an underlying figure is SEK 0 m when rounded, it is presented as 0.

Johan Andersson, President and CEO

“Our operations continued to deliver a stable performance during the quarter, although reported growth was impacted by the renewal cycle for Autodesk agreements. We are improving our profitability across several areas of the Group and have now carried out an efficiency program in Symetri to strengthen our focus on new sales and realize synergies. With strong customer relationships, growing AI-related opportunities, and a clear acquisition agenda, Addnode Group is well positioned for continued profitable growth.”

Johan Andersson, President and CEO
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