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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.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.
- Achieved turnaround with 11% revenue growth, positive EBITA, and Nordic expansion.LYGRD
Q4 202525 Mar 2026 - Net sales up 15%, EBITA margin at 11%, and order book grew 60% year-over-year.LYGRD
Q3 202528 Oct 2025 - Record H1 2025 results, 10% organic growth, and Norway expansion planned for autumn.LYGRD
Q2 202521 Aug 2025 - Net sales up 9% year-over-year, but EBIT and equity declined; outlook remains optimistic.LYGRD
Q3 202413 Jun 2025 - Record sales and strong growth in irrigation drive Lyckegård's Q2 2024 performance.LYGRD
Q2 202413 Jun 2025 - Returned to profit with 15% organic growth and margin gains in Q1 2025.LYGRD
Q1 20256 Jun 2025 - Restructuring and strong demand drive improved results and set up Lyckegård for 2025 profitability.LYGRD
Q4 20245 Jun 2025
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