Dura Group (DURA) Q1 2026 earnings summary

Executive summary

• Net sales rose to 136.4 MSEK from 72.5 MSEK year-over-year, driven by acquisitions and organic growth.

• Pro forma revenue on a rolling twelve-month basis increased 39% to 922.7 MSEK.

• Record-high order intake heading into the roofing season, despite harsh winter weather impacting margins.

• Strategic acquisitions of SEG, BIAB Entreprenad, and KTV Group AS expanded service offering and geographic reach.

Financial highlights

• Operating profit (EBIT) was -29.2 MSEK (vs. -7.1 MSEK), with an EBIT margin of -21% (vs. -10%).

• EBITDA decreased to -15.2 MSEK (vs. -4.0 MSEK), EBITDA margin -11% (vs. -5%).

• Adjusted EBIT (excluding one-time depreciation) was -20.8 MSEK.

• Net loss for the quarter was -27.8 MSEK (vs. -16.8 MSEK).

• Net financial items improved to 1.2 MSEK, mainly due to a 10.9 MSEK gain from revaluation of contingent consideration.

• Cash flow from operating activities was -56.8 MSEK, impacted by working capital changes and customer pre-payments.

Outlook and guidance

• Demand remains stable, supported by structural drivers such as aging housing stock and regulatory incentives.

• Record-high order intake at quarter-end positions the group for positive development in 2026.

• Continued focus on acquisition-driven and organic growth, with an active pipeline of new candidates.