Alimak Group AB (FRA:2GP)
€ 10.58 -0.080 (-0.75%) Market Cap: 1.14 Bil Enterprise Value: 1.36 Bil PE Ratio: 21.84 PB Ratio: 1.64 GF Score: 85/100

Q1 2026 Alimak Group AB (publ) Earnings Call Transcript

Apr 28, 2026 / 08:00AM GMT
Release Date Price: €10.54 (-0.94%)

Key Points

Positve
  • Alimak Group AB (FRA:2GP) maintained a strong book-to-bill ratio of 1:8, supporting good backlog growth.
  • The company has a leading market position in its niches and a strong global footprint, providing a solid base for its service business.
  • The wind division showed strong performance with a 22% increase in revenue, driven by solid customer engagement and a strong backlog.
  • The FacadeXS division demonstrated improvement with a book-to-bill ratio above one for the second consecutive quarter.
  • Alimak Group AB (FRA:2GP) successfully refinanced with facilities maturing between 2029 and 2031, ensuring financial stability.
Negative
  • The company experienced a 4% organic decline in order intake and an 8% decline in adjusted EBITDA due to negative currency impacts.
  • The construction division faced a challenging market with a 25% decrease in order intake, particularly in the hoist market in Europe and North America.
  • The industrial division saw a temporary decrease in margins due to unfavorable mix effects and project delays.
  • The HSPS division was negatively impacted by weather conditions in North America and a weak construction market in Europe.
  • Overall, the company reported a 20% decrease in net earnings, primarily due to lower utilization in Swedish facilities and a higher taxation rate.
Ole Kristian JÃ;dahl
Alimak Group - Chief Executive Officer

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Thank you and welcome to this quarter one 2026 call. And yeah, as always, I have with me Sylvian here.

Turning page and a short recap of the group first, a global industrial company focusing on vertical access solution, working safely at height, moving people and materials.

We have some fundamental drivers for our success and the group and global trends like urbanization, health and safety, the regionalization trend that we are seeing, electrification trend, but also now robotization trend that we can facilitate the usage of robotization and automation at height.

We do have a leading market position in the niches where we operate, a strong global footprint, which is giving us a fantastic base for our service business, which is a fundamental piece of each division, and also a capital-light operation, giving us a strong balance sheet and opportunity to invest.

Turning page, our strategy, The New Heights, has been with us since 2020, and it's something that has served us very well, and we now

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