Interim Report 1 January – 30 June, 2026

Summary by AI BETAClose X

Addnode Group reported a stable underlying business in the second quarter of 2026, with net sales of SEK 1,449 million, a slight decrease from SEK 1,457 million, and adjusted organic growth of -5 percent due to the Autodesk agreement renewal cycle. The company implemented a restructuring program in its Design Management division, expected to yield SEK 100 million in annual cost savings, though it incurred SEK 28 million in restructuring costs. EBITA was SEK 148 million, with a margin of 10.2 percent, improving to 12.1 percent excluding restructuring costs. Operating profit was SEK 58 million, and net profit was SEK 20 million, with earnings per share at SEK 0.15. Cash flow from operating activities improved to SEK 62 million.

Disclaimer*

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.
UK 100

Latest directors dealings