Q1 2026 Bufab AB (publ) Earnings Call Transcript

Apr 23, 2026 / 07:00 AM GMT

Release Date Price: $8.57

Transcript

Key Points

Positve

Bufab AB (FRA:29B0) reported organic growth of 3.2%, with positive development in three out of five regions.
The company achieved all-time high levels in both gross margin and operating margin, with gross margin improving to 32.9% from 30.3% last year.
Bufab AB (FRA:29B0) delivered a strong adjusted EBITDA margin of 15.3%, up from 12.7% in the previous year.
The acquisition of Norvia contributed significantly to growth, adding 6.5 percentage points to the overall growth in the quarter.
The company maintained strong cost control while continuing to invest in growth, resulting in a lower underlying cost level compared to last year.

Negative

The underlying demand in the market remained cautious, with certain sectors like construction, furniture, and interior design experiencing low demand.
The Swedish krona had a negative currency impact of minus 6.5 percentage points on the overall growth.
Operating expenses as a percentage of net sales increased slightly to 17.6% from 17.2% in the comparative quarter.
The company faced challenges in the automotive industry, particularly affecting its sister company CSG in the US.
There is increased uncertainty in the market due to geopolitical tensions in the Middle East, which could impact future demand.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BUFAB.ST - Bufab AB (publ)
Q1 2026 Bufab AB (publ) Earnings Call
Apr 23, 2026 / 07:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and good afternoon everyone and a warm welcome to this Q1 report from Bufab.

My name is Lien, President and CEO of the Bufab Group and together with me here I have Marco Servayal Group's CFO.

This presentation will be recorded and by attending for the meeting you agree to the recording.

I will start this presentation to give you the highlights of the quarter. After that, I will leave the word over to Markus for some financial highlights.

And then I will take you through the different regions' performance. And at the end, we will have time for summer and the Q&A.

If we start then with the highlights of the quarter, I would say that it's a good quarter from our side.

I'm

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