Back
News
Our Interim Report 1 January – 31 March 2026 has been published.
The first quarter was weak, primarily due to subdued customer demand affecting the Retail & Commerce segment. The Group’s comparable revenue for the review period amounted to EUR 11.2 million, a decrease of EUR 0.9 million relative to the comparison period. The comparable operating result diminished by EUR 0.5 million year-on-year, amounting to EUR -0.3 million. To respond to the subdued market environment and the volume of available work, the company carried out change negotiations during the review period. The measures agreed in these negotiations are expected to yield annual savings of approximately EUR 2.5 million. Of these cost savings, approximately EUR 1.8 million are expected to be realized during the current financial year. Together with the business development efforts, these measures support expectations of improved financial performance as the year progresses. The company published a stock exchange bulletin on March 20, 2026, regarding the outcome of the change negotiations.
The company’s financial performance was two-fold. The Retail & Commerce segment’s revenue and profitability declined relative to the comparison period, while the Utilities segment continued to grow and improve its profitability.