Published: 5/8/2026 8:37:14 AM
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Washing robot company Envirologic reports lower revenue and lower earnings in the first quarter of 2026 compared with the corresponding period last year. At the same time, order intake increased."The lower revenue combined with higher operating costs, primarily in the form of higher personnel costs and impairment of capitalized product development costs, contributes to lower profitability", the company writes. Net sales amounted to SEK 16.7 million (19.2), a decrease of 12.9 percent.Order intake rose to SEK 17.3 million (15.4), corresponding to an increase of 11.9 percent.The increase is in line with the company's expectations.Profit before tax amounted to SEK 1.7 million (4.2). Earnings after tax per share amounted to SEK 0.14 (0.33), while operating profit per share was SEK 0.15 (0.36).Cash and cash equivalents amounted to SEK 14.1 million (18.4) at the end of the period. Equity amounted to SEK 44.4 million (38.9), corresponding to SEK 4.50 per share (3.94)."Reduced revenue and lower operating margin may perhaps not be the start one would wish for in a new year when leading a company with ambitious growth ambitions. It may therefore seem somewhat contradictory, but I feel both positive and hopeful regarding our opportunities for profitable growth going forward. The market response remains very positive, we have highly tangible growth opportunities and I therefore look very positively on the year as a whole", says CEO Martin Pamrin.Key figures, SEK millionQ1 2026Q1 2025ChangeOrder intake17.315.411.9%Revenue16.719.2-12.9%Profit before tax1.74.2-58.3%Earnings per share, SEK0.140.33-57.6%
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