Addtech AB reports first‑quarter earnings above expectations
Addtech AB (ADDHY, ADDT_B.ST) announced results for the period from 1 April to 30 June 2026 that surpassed consensus estimates.
Revenue
Net sales rose 6 % to SEK 6 172 million, in line with market expectations of SEK 6 156 million. The increase was driven by a 6 % growth in sales across the company’s three principal segments—Components, Energy, and Power Solutions—reflecting continued demand for industrial products and power‑solution solutions in the Nordic and broader European markets.
Operating performance
- EBITDA reached SEK 1 026 million, 2.8 % above the consensus estimate of SEK 998 million.
- The EBITDA margin stood at 16.6 %, slightly higher than the forecasted 16.2 %.
- The operating income rose by 11 % to SEK 870 million.
These figures illustrate a solid operating performance that outpaced expectations despite the challenging macro‑environment.
Management commentary
President and CEO Niklas Stenberg highlighted the resilience of Addtech’s well‑diversified portfolio of “agile and entrepreneurial companies” operating in attractive sectors such as electrical infrastructure and electrification. He noted that the company’s diversified business model continues to support steady growth and margin expansion.
Market reaction
Addtech’s share price closed at SEK 333 on 12 July 2026, within the 52‑week range of SEK 283.2 to 358.4. The company’s market capitalisation stands at approximately SEK 90 060 000 000, and the price‑earnings ratio is 41.74.
The first‑quarter results reinforce Addtech’s position as a leading technology trading company in Sweden and the Nordic region, with a robust earnings trajectory supported by growing sales and efficient cost management across its components, energy, and power‑solutions segments.
