Q2 2026, continuing operations
- Net sales amounted to SEK 5,703m (5,594), of which organic growth corresponded to 3.4% (1.3)
- Adjusted EBITA amounted to SEK 988m (867)
- The adjusted EBITA margin was 17.3% (15.5)
- Operating profit amounted to SEK 1,345m (834) and was impacted by items affecting comparability of SEK +387m (-3), mainly due to the divestment of shares in Sentia and insurance compensation received
- Profit for the period amounted to SEK 1,097m (555)
- Adjusted diluted earnings per share amounted to SEK 1.97 (1.45)
- Diluted earnings per share amounted to SEK 3.15 (1.49)
- Cash flow from operating activities amounted to SEK 1,519m (940)
January-June 2026, continuing operations
- Net sales amounted to SEK 10,199m (10,066), of which organic growth corresponded to 3.4% (-1.8)
- Adjusted EBITA amounted to SEK 1,405m (1,212)
- The adjusted EBITA margin was 13.8% (12.0)
- Operating profit amounted to SEK 1,707m (1,269) and was impacted by items affecting comparability of SEK +362m (+117), mainly due to the divestment of shares in Sentia and insurance compensation received
- Profit for the period amounted to SEK 1,344m (790)
- Adjusted diluted earnings per share amounted to SEK 2.64 (1.61)
- Diluted earnings per share amounted to SEK 3.74 (2.03)
- Cash flow from operating activities amounted to SEK 1,541m (980)
Significant events during and after the end of the quarter
- On 2 June, Ratos sold 9 million shares in the associate Sentia, corresponding to approximately 9% of the shares and votes, at a price of NOK 72.40 per share. Gross proceeds from the transaction amounted to approximately NOK 652m. The earnings effect in the quarter amounted to approximately SEK 200m. Following the transaction, Ratos’ holding in Sentia amounts to approximately 31%
- In June, HL Display signed an agreement to acquire UFO Display Solutions. The acquisition closed on 1 July 2026
- During the quarter, Ratos received SEK 200m in insurance compensation from the M&A insurance policy covering Expin Group
“Ratos delivered a quarter characterised by organic growth, higher margins and strong cash flow. We continued to execute our Ratos 2030 Strategy and implement our model as an active, long-term investment company.”
Gustaf Salford, CEO
A presentation of the interim report will be held today at 10.00 a.m. CEST. The presentation will be held in English and will also be available as a audiocast on Ratos website, www.ratos.com/en/investors/financial-reports-and-presentations.
To follow the presentation via audiocast, access this link:
https://events.inderes.com/ratos/q2-report-2026
To participate and verbally ask questions via teleconference, please register via link below. After registration you will be provided with phone numbers and a conference ID to access the conference.
https://events.inderes.com/ratos/q2-report-2026/dial-in
Stockholm, 17 July 2026
Ratos AB (publ)
Gustaf Salford
CEO