CTEK (Q2 Initial Take): Weak sales, but strong profitability - Redeye
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CTEK (Q2 Initial Take): Weak sales, but strong profitability - Redeye

CTEK delivered a mixed Q2, with sales coming in below expectations but profitability significantly ahead. The Consumer segment once again underpinned group earnings, combining resilient growth with strong margins, while Professional remained challenging despite a return to positive EBITDA. With a strengthened balance sheet, several promising growth initiatives and an ongoing strategic review of EVSE, we see a number of potential catalysts ahead. Management’s expectation of gradually improving sales and earnings generation in H2 2026 further supports our positive view on the outlook.

CTEK delivered a mixed Q2, with sales coming in below expectations but profitability significantly ahead. The Consumer segment once again underpinned group earnings, combining resilient growth with strong margins, while Professional remained challenging despite a return to positive EBITDA. With a strengthened balance sheet, several promising growth initiatives and an ongoing strategic review of EVSE, we see a number of potential catalysts ahead. Management’s expectation of gradually improving sales and earnings generation in H2 2026 further supports our positive view on the outlook.
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