Enea's Q2 came in line: net sales +1% and adj. EBITDA +3% vs Redeye's estimate, with full-year guidance maintained. The Middle East continues to hold back short-term orders by SEK7-10m. Operating cash flow jumped to SEK87.7m, from SEK5.2m the prior quarter, on working-capital swings after being weak throughout 2025. A negative is the 8% q/q fall in recurring revenue. Against dampened expectations, the print clears the bar and should allow a small rally.
LÄS MER