Lyckegård Group
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Lyckegård Group (LYGRD) investor relations material

Lyckegård Group 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 summary4 May, 2026

Executive summary

  • Achieved 29% year-over-year revenue growth in Q1 2026, with EBITA up 60% compared to Q1 2025.

  • Order book at end of March 2026 was 10% higher than the previous year.

  • Growth observed across all customer segments, with strong demand in golf and irrigation solutions.

  • Successfully completed all major projects on time and within budget despite weather disruptions.

Financial highlights

  • Net sales reached 55,293 TSEK, up from 42,757 TSEK in Q1 2025.

  • EBITA increased to 2,811 TSEK from 1,757 TSEK, EBIT improved to -529 TSEK from -1,327 TSEK.

  • Net result for the period was -1,716 TSEK, compared to -2,610 TSEK in Q1 2025.

  • Cash flow from operations was -7,743 TSEK, impacted by inventory build-up.

  • Equity at period end was 36,020 TSEK, up from 20,248 TSEK a year earlier.

Outlook and guidance

  • Management remains positive for upcoming periods, citing strong brand reception and ongoing recruitment in Norway.

  • Entering the busiest period of the year, with expectations to maintain leading market position in the Nordics.

Drivers for the 17,707 TSEK inventory build-up
Impact of the S48 Vanningsanlegg acquisition
Growth outlook for Plug & Play pump solutions
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Q2 202617 Aug, 2026
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