HEXPOL AB (publ) (HPOLB) Earnings Call Transcripts
HEXPOL AB (publ)'s Latest Earnings Call - Q1 FY2026
In Q1 2026, HEXPOL AB reported sales of SEK 4.8 billion, down 11% year-over-year, primarily due to negative foreign exchange effects. The EBIT was SEK 700 million, resulting in an EBIT margin of 14.7%. Management indicated that while volumes increased, the average sales price declined, and they expect to implement price increases to offset rising raw material costs. Guidance remains cautious amid ongoing market challenges, particularly in North America, but the company is focused on maintaining market share and pursuing growth in thermoplastic compounding.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | SEK 4.8 billion (miss) |
| EBIT | SEK 700 million (miss) |
| EBIT Margin | 14.7% (miss) |
| EPS | SEK 1.47 (miss) |
| Operating Cash Flow | SEK 235 million (positive) |
| Net Debt-to-EBITDA Ratio | 0.88 (negative) |
Guidance from management
Management maintained a cautious outlook, expecting continued challenges in North America but remains focused on growth in thermoplastic compounding and compensating for raw material cost increases through pricing adjustments.
What management said
Okay. Henrik. So when it comes to the automotive growth, we are speaking about low single digit, but still the -- if we look at the forecast from S&P for 2026, it seems like the overall production of light vehicles would be pretty stable, let's say. So we don't anticipate a big growth in that segment. But still, we had some growth, as said.
And Eric, Peter here. I can add a little bit to your question regarding mix. What we've seen in the quarter is a combination of customer mix as we have different earnings profiles for different customers. So that's an impact and to also, to a lesser extent, some product mix. That product mix can be within the end customer segment, but it can also be between the end customer segments, and we saw that in this quarter.
What analysts pressed on
Analysts expressed concerns about the sustainability of volume growth given the negative price/mix effects and the potential impact of rising raw material costs on demand. There were also questions regarding the implications of geopolitical tensions on supply chains and M&A opportunities.
Main topics on the call
- Revenue Decline — HEXPOL's Q1 2026 revenue of SEK 4.8 billion represented an 11% decrease year-over-year, attributed largely to negative FX impacts. Management noted, 'The decrease is driven by negative FX effects of 10%.'
- Volume Growth — Despite revenue decline, HEXPOL experienced volume growth in key segments such as building and construction, automotive, and industrial. Management stated, 'We have seen higher volumes to customers in many of our main se...
- Price and Mix Effects — The company faced negative price and mix effects, which offset the benefits of increased volumes. Management explained, 'The positive impact is offset by product and price mix.'
- Raw Material Cost Management — HEXPOL plans to increase prices to customers to compensate for rising raw material costs, with management asserting, 'We will... compensate for increased product costs going forward.'
Read the full HEXPOL AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About HEXPOL AB (publ)
HEXPOL AB (publ) (HPOLB) is a publicly listed company in the Chemicals industry, within the Materials sector. It trades on OM and is based in SE. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 27 calls on record spanning January 30, 2020 to July 20, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 27 HEXPOL AB (publ) earnings call transcripts on record, spanning January 30, 2020 to July 20, 2026. Based on this history, HEXPOL AB (publ) reports quarterly. The most recent call on file is dated July 20, 2026. The full list is below — each row opens the complete, free-to-read transcript.