Troax Group AB (publ) (TROAX) Earnings Call Transcripts

Troax Group AB (publ)'s Latest Earnings Call - Q1 FY2026

In the first quarter of fiscal year 2026, Troax Group AB reported a record order intake growth of 18%, primarily driven by recent acquisitions, although net sales grew at a slower pace of 6%. The adjusted EBITA margin was 10.1%, reflecting challenges from low organic volumes and operational transitions. Management signaled cautious optimism, noting improvements in demand towards the end of the quarter but maintained a conservative outlook due to ongoing macroeconomic uncertainties.

Reported metrics

Guidance from management

Management maintained a cautious outlook, reiterating that market conditions remain uncertain and they are preparing for both potential growth and continued challenges. They expect to see benefits from operational improvements in the second half of the year.

What management said

I think it's fair to say that the demand for both [indiscernible] data centers and and barriers is robust. I don't think there is anything in the quarter here that stands out in a very positive way or in a very negative way. So I think it's a fair reflection of the Q1 outcome, you could say. So -- well, I will probably take this to the bank and not put sugar or salt to it, so to speak.

Yes, I do think we are still on the high side. We plan to conclude 1 phase of our digitalization project already back late to 2025. This is -- this has shown or proven to be more complicated than what we thought, which means that we're also carrying costs for this project in the first quarter here as well. And we will continue to carry some of these costs also into the second quarter and aim for finalization on this....

What analysts pressed on

Analysts expressed concerns about the low organic conversion rates and the impact of operational transitions on sales. There were questions regarding the timing of backlog deliveries and the sustainability of demand improvements seen in the latter part of the quarter.

Main topics on the call

• Record Order Intake — Troax achieved a record order intake growth of 18%, with total orders increasing from EUR 69.5 million to EUR 82 million. CEO Martin Nystrom stated, "This growth is driven by -- mainly by our acquisitions."
• Operational Challenges — The company faced operational challenges due to the transition from the Chicago facility to Nashville, impacting invoicing. Nystrom noted, "The impact on the sales side is somewhere between EUR 1.5 million to EUR 2 milli...
• Profitability Pressure — The adjusted EBITA margin was reported at 10.1%, affected by low organic volumes and increased costs from acquisitions. Nystrom mentioned, "The lower volumes and the ramp-up issues also put pressure on the EBITA margin."
• Acquisition Contributions — Acquisitions made in the previous quarter contributed significantly to growth, accounting for 21% of total sales. Nystrom stated, "The contribution of the acquisitions in the fourth quarter were 21% of the group total."

Read the full Troax Group 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 25 Troax Group AB (publ) earnings call transcripts on record, spanning February 10, 2020 to July 15, 2026. Based on this history, Troax Group AB (publ) reports quarterly. The most recent call on file is dated July 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TROAX

Exchange

OM

Country

SE

Sector

Industrials

Industry

Machinery

Calls on record

25

First call

February 10, 2020

Most recent

July 15, 2026

Reporting cadence

quarterly