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Arbona (ARBO) investor relations material

Arbona Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary29 Apr, 2026

Executive summary

  • Q1 2026 EPS was -0.10 SEK, down from -0.09 SEK in Q1 2025, mainly due to negative capital management returns and a major fire at Lann Industries, though production has nearly recovered.

  • Stable development in core businesses; Termodyn showed clear growth, and Transportteknik expanded both organically and via acquisitions.

  • Two new companies, Pheenix Alpha and Boier Bilverktyg, were acquired, aligning with the strategy of investing in profitable, niche businesses.

  • The new business area, Sharpest Development, launched its first company and is progressing as planned.

Financial highlights

  • Capital management delivered a -2.3% return, outperforming the small-cap index at -7.9% for the period.

  • Net asset value per share increased to 3.78 SEK from 3.59 SEK year-over-year.

  • Portfolio value at period end was 1,225.5 MSEK, with 97.2% in listed assets.

  • Notable positive contributors: Millicom, Attendo, Nordrest; negative: Eastnine, Apotea.

Outlook and guidance

  • Market remains cautious with delayed customer decisions and ongoing geopolitical and trade uncertainties.

  • Focus remains on controllable factors and being a reliable partner to customers.

Lann Industries recovery and margin outlook
Timeline for shifting capital to active ownership
Growth strategy for Pheenix Alpha in vinyl niche
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