Digia Plc
Stock exchange release
6 August 2026 at 3:00 pm EEST
Digia's profitable growth continued: net sales for the second quarter totaled EUR 54.3 million, with an EBITA margin of 5.8 percent
April-June 2026
- Net sales: EUR 54.3 (53.7) million, up 1.0 percent
- Operating profit (EBITA): EUR 3.1 (3.1) million, up 0.1 percent; EBITA margin: 5.8 (5.8) percent of net sales
- Operating profit (EBIT): EUR 2.4 (2.2) million, up 6.1 percent; EBIT margin: 4.4 (4.2) percent of net sales
- Earnings per share: EUR 0.06 (0.06)
January-June 2026
- Net sales: EUR 110.7 (107.5) million, up 2.9 percent
- Operating profit (EBITA): EUR 6.4 (7.7) million, down 16.7 percent; EBITA margin: 5.8 (7.1) percent of net sales
- Operating profit (EBIT): EUR 4.8 (6.1) million, down 20.7 percent; EBIT margin: 4.4 (5.7) percent of net sales
- Earnings per share: EUR 0.13 (0.16)
- Return on investment: 7.4 (10.1) percent
- Equity ratio: 48.5 (43.7) percent
- Gearing 23.4 (29.7) percent
Unless otherwise stated, the comparison figures provided in parentheses refer to the corresponding period of the previous year.
Group key figures
| EUR 1,000 | 4-6/ 2026 | 4-6/ 2025 | Change, % | 1-6/ 2026 | 1-6/ 2025 | Change, % | 1-12/ 2025 | ||||||
| Net sales | 54,260 | 53,741 | 1.0% | 110,676 | 107,517 | 2.9% | 217,028 | ||||||
| Operating profit (EBITA) | 3,124 | 3,120 | 0.1% | 6,393 | 7,673 | -16.7% | 21,337 | ||||||
| - as a % of net sales | 5.8% | 5.8% | 5.8% | 7.1% | 9.8% | ||||||||
| Operating profit (EBIT) | 2,368 | 2,232 | 6.1% | 4,848 | 6,115 | -20.7% | 18,127 | ||||||
| - as a % of net sales | 4.4% | 4.2% | 4.4% | 5.7% | 8.4% | ||||||||
| Result for the period | 1,637 | 1,515 | 8.0% | 3,407 | 4,228 | -19.4% | 12,845 | ||||||
| - as a % of net sales | 3.0% | 2.8% | 3.1% | 3.9% | 5.9% | ||||||||
| Return on equity, % | 7.4% | 10.1% | 14.5% | ||||||||||
| Return on investment, % | 7.4% | 10.1% | 14.4% | ||||||||||
| Cash flow from operating activities | 7,981 | 6,989 | 14.2% | 14,703 | |||||||||
| Interest-bearing net debt | 21,153 | 25,023 | -15.5% | 23,721 | |||||||||
| Net gearing, % | 23.4% | 29.7% | 25.4% | ||||||||||
| Equity ratio, % | 48.5% | 43.7% | 48.7% | ||||||||||
| Number of employees at end of period | 1,564 | 1,655 | -5.5% | 1,592 | |||||||||
| Average number of employees | 1,569 | 1,620 | -3.2% | 1,579 | 1,607 | -1.7% | 1,603 | ||||||
| Shareholders' equity | 90,503 | 84,134 | 7.6% | 93,476 | |||||||||
| Balance sheet total | 194,925 | 198,455 | -1.8% | 197,011 | |||||||||
| Earnings per share, EUR | 0.06 | 0.06 | 7.8% | 0.13 | 0.16 | -19.5% | 0.49 | ||||||
| Diluted earnings per share, EUR | 0.06 | 0.06 | 6.9% | 0.13 | 0.16 | -20.2% | 0.48 | ||||||
CEO's review:
In the second quarter, customers' investment decisions were still affected by uncertainty of the operating environment. The launch of new projects was postponed, and the content, scope and schedules of the ongoing projects were evaluated in greater detail. Despite the uncertain markets, our net sales grew and we continued to implement renewal initiatives and growth investments in line with our strategy.
Our net sales for the second quarter amounted to EUR 54.3 (53.7) million, up 1.0 percent. Organic growth was -3.3 percent. International operations represented 21.4 (14.6) percent of net sales. I am especially pleased that our efforts in the Savangard cooperation paid off and our net sales in East Central European markets grew organically at a strong double-digit rate.
In Finland, market uncertainties were visible in ERP projects and in the Digital Solutions service area, where we launched measures to strengthen profitability and growth. Net sales in the Managed Solutions service area were negatively impacted by a EUR 0.4 million write-down related to a customer project.
A small positive signal seen among the cautious market was the strengthening of our sales in the second quarter, with June sales achieving best numbers of the start of the year, accounting for 30 percent of all January-June sales. At the same time, organic growth in June reached 4.9 percent. We were especially encouraged by development in the finance product business, where many bids that have been under development for a long time finally moved on to the contract phase. As a result, the order backlog in the finance business is very strong.
In the second quarter, the service and maintenance business net sales reached 49.5 (49.2) percent of net sales and grew by 1.6 percent. The project business net sales accounted for 50.5 (50.8) percent of the company's net sales.
The operating profit (EBITA) for April-June remained on par with the comparison period at EUR 3.1 (3.1) million. The EBITA margin was 5.8 (5.8) percent of net sales. The result was impacted by EUR 0.6 million in non-recurring items, where EUR 0.4 million was related to a customer project and EUR 0.2 million was related to operational restructuring.
In January-June, our net sales grew by 2.9 percent to EUR 110.7 (107.5) million. Our operating profit (EBITA) totaled EUR 6.4 (7.7) million, with an EBITA margin of 5.8 (7.1) percent of net sales. The result was impacted by EUR 2 million in non-recurring items, where EUR 1.1 million was related to customer project write-downs and EUR 0.9 million was related to operational restructuring. The company's financial position strengthened during the period. Our equity ratio improved to 48.5 (43.7) percent and our net gearing went down to 23.4 (29.7) percent, mainly due to reduced interest-bearing liabilities.
Notable contracts signed during April-June included, for example, a four-year extension of the Digivisio 2030 project concerning a digital service platform for higher education institutions, valued at EUR 4-6 million, as well as Fingrid's EUR 2.1 million contract for a data platform and integration services. In addition, we made extension agreements on integration services, valued at EUR 5.2 million. We implemented AI solutions and consulting for sectors including security, pension insurance and healthcare services.
During the 2026-2028 strategy period, our goal is to expand both organically and through acquisitions to become a trusted European partner in intelligent business. Our financial targets for the strategy period are an annual average growth in net sales of more than 10 percent, an EBITA margin of more than 12 percent at the end of the strategy period, and international operations accounting for more than 30 percent of net sales at the end of the strategy period. Our focus for the first year of the strategic period is on reforming our operations and developing our services.
In our Managed Solutions service area reform, we are renewing our offering and operational model. The core of this service is in lifecycle services, where we take responsibility for the operation of our customer's digital foundation. We streamlined our operations by implementing an AI assisted service provision model.
In our Digital Solutions service area, we implemented operational restructuring initiatives to improve performance. We are shifting from selling expertise and technological deliveries to productized services. At the same time, we are strengthening performance management and sharpening strategy implementation.
In the Business Platforms service area, we strengthened the AI capabilities of our Digia Envision ERP product and automated processes. In addition, we promoted the adoption of AI solutions on the Microsoft and Oracle platforms in our customers. In the Financial Platforms service area, we continued to develop DiFS, our product for the finance industry.
In the second quarter, we continued to pursue the long-term development of our business in highly regulated industries. We are developing solutions that support the integration of health data and AI-based analytics as part of a joint project among the wellbeing services counties, for which Business Finland awarded EUR 4.6 million in funding. In the defense and security sector, we joined the Defence Innovation Network Finland, where we are developing an AI-powered integration and experimentation platform.
In May, we announced our sustainability goals for the 2026-2028 strategy period, covering environment, people, and customers. We also received approval from the Science Based Targets initiative for our emissions reduction targets through 2035. Reducing our carbon footprint, ensuring the wellbeing of our employees, and maintaining excellent customer relationships play a key role as we build Digia's sustainable business and growth during the current strategy period.
Profit guidance for 2026
Digia's profit guidance for 2026: Digia's net sales will grow (EUR 217.0 million in 2025), and its operating profit (EBITA) will either remain on a par with, or increase compared to 2025 (EUR 21.3 million in 2025).
Events after the review period
Digia announced on 5 August 2026 that Kimmo Kärkkäinen has been appointed as the Group's new Chief Financial Officer (CFO) and a member of the management team. He will take up his position by February 2027 at the latest. Kärkkäinen will succeed Kristiina Simola, who, as announced on 21 April 2026, will leave her position to pursue a career as a board professional. Simola will continue as Digia's Chief Financial Officer during the transition period until Kärkkäinen takes up the position.
Briefing invitation
A briefing for analysts will be held at 4:15 pm on Thursday 6 August 2026 as a Teams meeting. Attendance instructions have been emailed to participants.
The material and presentation for the event will be available from 4:15 pm on August 6 2026 on the company's website: digia.com/en/investors/reports-and-presentations.
Financial reporting
Digia will publish its business review for January-September 2026 at 3:00 pm on Tuesday 27 October 2026.
For further information, please contact:
Timo Levoranta, President & CEO
tel. +358 40 500 2050
Distribution
Nasdaq Helsinki
Key Media
digia.com
Digia is a trusted European partner in intelligent business. As a consulting, software and services company, we help our customers to create, maintain and develop intelligent business. We bring the benefits of AI to our customers' everyday processes, products, and services throughout their lifecycles. Our approximately 1600 employees operate internationally, yet always close to our customers. Digia's net sales totalled EUR 217.0 million in 2025. The company is listed on NASDAQ Helsinki (DIGIA).
