Nederman Holding AB (publ) (NMAN) Earnings Call Transcripts

Nederman Holding AB (publ)'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Nederman Holding AB reported revenues of SEK 1.257 billion, down 5.5% organically year-over-year, and EBITDA of SEK 117 million, reflecting a margin decline to 9.3%. The company experienced weaker order intake, with orders received at SEK 1.267 billion, a 9.2% organic decline, attributed to currency effects and a volatile market. Management indicated that while demand remains subdued, activity picked up towards the end of the quarter, suggesting potential for recovery, although uncertainty persists.

Reported metrics

Guidance from management

Management indicated that while demand remains subdued, a pickup in activity towards the end of Q1 could bode well for future performance. However, they cautioned about the uncertainty in forecasting broader recovery in demand.

What management said

When it comes to financials for E&FT division, orders received SEK 578 million in the quarter is 8.6% down currency-neutral albeit from, like Sven mentioned, a record quarter at that time. Q2 actually exceeded that, but this was a record at the time. Sales, SEK 592 million and an EBIT -- adjusted EBIT very nearly in line with the same period last year despite lower sales. So this is a little bit what we're talking ab...

Financials for Process Technology. Order intake was SEK 346 million in the year, which was even at prevailing rates growth, currency-neutral nearly 14% up. Euro-Equip, part of this currency neutral growth, but even organically, like Sven mentioned, we've gone up there 2.9%. Sales very slightly down to -- or slightly down to SEK 321 million, but adjusted EBITDA is increasing SEK 29 million is 9.1%. You see there that ...

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical tensions on customer hesitancy to sign larger contracts. There were also worries about the potential slowdown in public sector spending affecting certain divisions.

Main topics on the call

• Weaker Order Intake — Orders received in Q1 were SEK 1.267 billion, down 9.2% organically compared to Q1 2025. CFO Matthew Cusick noted, "3 of 4 divisions in Q1 last year had their record quarters for order intake," indicating a challenging c...
• Currency Impact — The company faced a negative currency impact of approximately 9% on both orders and sales. This was highlighted by Matthew Cusick, who stated, "half of the drop in order intake is currency related."
• Operational Efficiency — Despite lower sales volumes, Nederman maintained strong gross profit margins due to increased productivity. Sven Kristensson mentioned, "increased operational efficiency, maintain our margins," which is crucial in a chal...
• Service Business Growth — The service segment continues to grow, contributing positively to profitability. Kristensson noted, "the base business grew in the division," indicating a resilient service offering amidst broader market challenges.

Read the full Nederman Holding AB (publ) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 26 Nederman Holding AB (publ) earnings call transcripts on record, spanning February 14, 2020 to July 16, 2026. Based on this history, Nederman Holding AB (publ) reports quarterly. The most recent call on file is dated July 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

NMAN

Exchange

OM

Country

SE

Sector

Industrials

Industry

Building Products

Calls on record

26

First call

February 14, 2020

Most recent

July 16, 2026

Reporting cadence

quarterly