Record contract and positive start to 2026.
The year began with continued strengthening of profitability and a clear step toward our long-term margin ambitions. Adjusted for restructuring costs, the EBITA margin amounted to 9.3 percent, driven by gradually improved utilization, cost control and continued positive performance in Finland. The EBITA marginal was 8.4 (8.3) percent and EBITA amounted to SEK 35.7 (35.6) million. Net sales for the first quarter amounted to SEK 425.8 (430.7) million, slightly below the previous year. Operating cash flow was affected by working capital effects related to larger engagements and amounted to SEK 10.8 (32.3) million. Diluted earnings per share were SEK 1.57 (1.75) and were negatively affected by currency effects compared with the corresponding quarter in the previous year.
In summary, we are taking clear steps forward in the first quarter of the year. We are combining improved profitability and organic growth across large parts of the business with active efforts to strengthen units that are not performing according to plan. We view developments in AI positively. It is already contributing to increased efficiency, both internally and in our customer engagements. Our strong domain expertise enables us to translate the technology into tangible, business-driven customer value.
Magnus Welén, CEO
To read the full CEO statement, see the interim report pages 3-4.
Quarter January-March 2026
- Net sales amounted to SEK 425.8 (430.7) million, a decline of SEK 4.9 million and -1.1 percent.
- EBITA amounted to SEK 35.7 (35.6) million, an increase of 0.3 percent. The EBITA margin was 8.4 (8.3) percent.
- Operating profit was reduced by restructuring costs of SEK 3.8 million in Denmark and Skåne. The measures were implemented to strengthen efficiency and margins going forward.
- EBITA adjusted for restructuring amounted to SEK 39.5 million, with an EBITA margin of 9.3 percent.
- The number of working days was unchanged from the same quarter in the previous year.
- EBIT amounted to SEK 31.9 (32.0) million, a decrease of 0.3 percent. The EBIT margin was 7.5 (7.4) percent. EBIT was negatively affected by acquisition-related costs of SEK 3.6 (3.5) million.
- Profit for the period amounted to SEK 20.6 (23.1) million.
- Earnings per share amounted to SEK 1.57 (1.75), basic, and SEK 1.57 (1.75), diluted.
- Cash flow from operating activities was SEK 10.8 (32.2) million.
Significant events during and after the period
Prevas signs record EAM contract
Prevas has been awarded a contract to implement a new Enterprise Asset Management (EAM) system. The solution is based on HxGN EAM. The contract term is 12 years, with a total contract value of SEK 80 million. The signed contract strengthens our position as a leading partner within EAM in the Nordics. The event occurred after the end of the period.
Prevas' interim report for the first quarter 2026 will be available at https://www.prevas.com/en/about-prevas/investors/reports.html and is attached to this press release.
Presentation of Prevas' interim report for the first quarter 2026
Tuesday, May 5 at 09.30, a press and analyst presentation will be held which can be followed via webcast (https://www.finwire.tv/webcast/prevas/q1-2026/) and through tele conferenceand through tele conference (call +46 850 1638 27 then use Meeting ID: 862 9846 2941).
The presentation is conducted in English by Magnus Welén (CEO) and Helena Burström (CFO) from Prevas AB. No pre-registration is required.
This information is information that Prevas AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out below, at 2026-05-05 08:30 CEST.
For more information, contact
Magnus Welén, President & CEO, Prevas AB, Mobile: +46 70 593 44 57, E-mail: magnus.welen@prevas.se
Helena Burström, CFO, Prevas AB, Mobile: +46 72 201 11 14, E-mail: helena.burstrom@prevas.se
About Prevas
Prevas is an innovative development hub focused on product and production development, with ingenuity at its core. With strong technical expertise, business understanding, and advanced capabilities in data and AI, we help customers from a wide variety of industries to benefit through continuous technological innovation. Good for people, planet, and profit. Prevas was established in 1985 and currently employs 1,100 people in Sweden, Finland, Denmark and Norway. Prevas is listed on NASDAQ Stockholm since 1998. For more information about Prevas, visit www.prevas.com.
