EarningsQ2 2026 Earnings Report
ECTXF Q2 2026 EPS Results
Actual EPS$0.08
Consensus EPS$0.07
Beat/MissBeat by +<$0.01
One Year Ago EPS$0.07
ECTXF Q2 2026 Revenue Results
Actual Revenue$303.08M
Expected Revenue$308.47M
Beat/MissMissed by -$5.39M
YoY Revenue Growth-4.98%
Earnings Announcement Details
QuarterQ2 2026
Date07/22/2026
TimeBefore Open
Conference CallWednesday, July 22, 2026
ECTXF Upcoming Earnings
Electrolux Professional AB's next earnings date is estimated for October 28, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
ECTXF Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a solid operational and financial performance: strong order intake (notably equipment +30% organic), double‑digit organic revenue growth, improved margins and cash generation, and a healthy balance sheet. Management emphasized innovation, electrification and a robust aftermarket franchise as long‑term strengths. Near‑term risks include higher inventories and working capital, margin mix effects from elevated equipment invoicing, quarter‑to‑quarter variability from midlife rebuild timing, and FX volatility. Overall, the positives (growth, margin recovery, cash flow, reduced net debt and promising tender pipeline) outweigh the manageable operational and mix headwinds.Company Guidance
Strong Order Intake and Equipment Demand
Orders received increased 13% organically to SEK 17.3 billion; organic equipment orders rose 30% and large orders totaled $720 million (mainly brownfield/replacement), supporting continued high mining demand.
Healthy Revenue Growth
Group revenues were SEK 16.7 billion, up 10% year‑on‑year and 11% organically, supported by high equipment invoicing (equipment represented 36% of group revenues).
Improved Profitability
EBIT increased 17% to SEK 3.3 billion; adjusted operating profit rose 12% to SEK 3.35 billion. Adjusted operating margin improved to 20.1% from 19.7% (reported operating margin 19.9% vs 18.7% a year ago).
Resilient Aftermarket Performance
Aftermarket accounted for 64% of revenues (service 41%, Tools & Attachments 23%). Service orders grew 6% organically and Tools & Attachments orders grew 4% organically, demonstrating recurring revenue strength.
Tools & Attachments Margin Recovery
T&A revenues were SEK 3.9 billion, up 5% (7% organic); EBIT improved to SEK 488 million (+30% YoY) and operating margin rose to 12.7% from 10.3% a year ago, with tungsten headwinds largely mitigated via surcharges and recycling.
Strong Cash Generation and Balance Sheet Metrics
Operating cash flow improved to SEK 1.9 billion (from SEK 1.1 billion prior year). 12‑month cash conversion was 93%. Net debt decreased to SEK 11.4 billion from SEK 13.3 billion; net debt/EBITDA improved to 0.75 from 0.82.
Positive Indicators for Future Demand
Exploration activity was highlighted as especially strong (important long‑term indicator); management sees a robust tender pipeline (copper and gold, brownfield/replacement) and increasing customer adoption of automation, electrification (e.g., MT66 SE drive) and digital solutions.
Efficiency Actions Contributing to Results
Management cited efficiency measures and improved factory absorption as drivers of margin improvement and profitable flow‑through despite higher equipment mix and FX headwinds.
ECTXF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed