Componenta (CTH1V) Q1 2026 earnings summary

Executive summary

• Net sales/revenue for Q1 2026 rose 15% year-over-year to EUR 33.1 million, with EBITDA and operating profit improving significantly.

• Order book/backlog increased over 30% year-over-year, driven by strong demand in energy and defence sectors.

• Major new order from Finnish Defence Forces valued at EUR 20.5 million, contributing to a total of EUR 80.9 million in defence orders scheduled for delivery through 2028.

• The company continued investments and development actions to meet growing demand, especially in defence and energy.

• Focus remains on growth, profitability, and preparing for higher volumes.

Financial highlights

• EBITDA increased to EUR 3.4 million (up from EUR 2.4 million), with operating profit at EUR 2.0 million (up from EUR 1.1 million) year-over-year.

• Net profit for the period was EUR 1.2 million, more than doubling from EUR 0.5 million a year ago; EPS rose to EUR 0.12 from EUR 0.05.

• Cash flow from operating activities was negative at EUR -1.2 million, slightly lower than the previous year, reflecting higher working capital.

• Cash and cash equivalents at period end were EUR 10.5 million, with EUR 5.0 million in unused credit facilities.

• Capital expenditure including leases was EUR 1.5 million, up 51.5% year-over-year.

Outlook and guidance

• Guidance for 2026 remains unchanged: net sales and adjusted operating result expected to improve over 2025.

• Order backlog and new sales are expected to support future revenue growth as market recovery continues.

• Positive market outlook in energy and defence; gradual recovery expected in general machine building and agricultural machinery later in the year.

• Strategic focus on growth, profitability, and operational improvements.