Q1 2026 Enea AB Earnings Call Transcript

Apr 23, 2026 / 06:30 AM GMT

Release Date Price: $27.11

Transcript

Key Points

Positve

Enea AB (FRA:EED5) reported a solid 12% net sales growth in constant currencies for Q1 2026.
The company achieved a significant improvement in profitability, with an adjusted EBITDA margin of 34%, the highest in many years for the first quarter.
Earnings per share (EPS) increased notably to 0.98 Swedish Krona compared to the previous year.
Enea AB's firewall business had a successful start to the year, signing significant deals in Europe and North America.
The company won five global awards in Q1 2026, including three in the firewall space, showcasing the strength of its product offerings.

Negative

The war in the Middle East caused some anticipated deals to be postponed, impacting business momentum in the region.
Operating cash flow decreased slightly in Q1 2026, with short-term spikes in working capital anticipated to convert to cash flow in Q2.
Net debt increased slightly, partly due to investments in the Middle East and Africa, which have longer project lead times.
The classic portfolio, including operating systems, showed a decline in sales, reflecting structural challenges.
The company anticipates increased costs due to strategic investments, which may impact EBITDA margins despite a current buffer.

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

ENEA.ST - Enea AB
Q1 2026 Enea AB Earnings Call
Apr 23, 2026 / 06:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Welcome to the NEA Q1 presentation 2026. During the questions and answers session, participants are able to ask questions by dialling pound key 5 on their telephone keypad. Now I will hand the conference over to the CEO, Teemu Salmi, and CFO, Ulf Steimberg. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you and good morning to everyone and welcome to this investor call for quarter one, 2036 and ENEA. This is Tim Salmi speaking, CEO of ENEA. I'm very happy to be with you here today. During the next 20 minutes, excuse me, we'll take you through the result and some comments about

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.