Hulström Group (HULT) Q1 2026 earnings summary

Executive summary

• Achieved 5.4% revenue growth year-over-year in Q1 2026, with organic growth of 7% in Sweden.

• EBITA increased to 12.3 MSEK (from 9.1 MSEK), with a margin of 14.5% (11.3%).

• Adjusted EBITA, excluding one-time exit costs, reached 12.5 MSEK and a 14.8% margin.

• Focused on high-value advisory services and selective project intake to maintain profitability.

• Strengthened AI and digitalization capabilities to support clients in a rapidly changing sector.

Financial highlights

• Net sales: 84.4 MSEK (80.1 MSEK year-over-year).

• EBITA: 12.3 MSEK (9.1 MSEK), EBIT: 10.2 MSEK (6.8 MSEK).

• Result after financial items: 9.5 MSEK (6.1 MSEK).

• Cash flow from operations: 10.7 MSEK (5.8 MSEK).

• Earnings per share: 0.12 SEK (0.10 SEK).

• Liquidity at period end: 20.8 MSEK (7.6 MSEK).

Outlook and guidance

• New financial targets: EBITA margin to exceed 13% long-term, with significant profit distribution to shareholders.

• Continued focus on growth, profitability, and sector transformation, especially in energy, climate, and digitalization.