Kentima (KENH) Q1 2026 earnings summary

Executive summary

• Q1 2026 saw a 5% increase in group revenue to 19,053 KSEK, driven by strong order intake and strategic investments in product development and organizational expansion.

• Order intake surged 33% year-over-year to 21,385 KSEK, with notable growth in all business segments and a key automation order worth over 2 MSEK.

• The company intensified market presence, launched new products, and opened a new regional office, supporting long-term growth ambitions.

Financial highlights

• Revenue: 19,053 KSEK (+5% YoY); EBITDA: 1,482 KSEK (-47% YoY); EBIT: 336 KSEK (-80% YoY).

• Gross profit: 8,651 KSEK (-5% YoY); gross margin: 45% (down from 50%).

• Cash flow from operations: 1,403 KSEK (up from -1,027 KSEK YoY); total cash flow: 130 KSEK.

• Available liquidity at period end: 6,961 KSEK, including unused credit.

• Equity: 37,044 KSEK; solid equity ratio of 69.2%.

Outlook and guidance

• Management expects continued strong growth in 2026, supported by attractive product offerings, expanded sales organization, and improving market conditions.

• Increased inventory levels to secure supply amid longer lead times for electronic components.

• Exports and international sales are expected to accelerate, leveraging new product concepts and organizational investments.