Q2 2026 Goodtech ASA Earnings Call Transcript

Jul 17, 2026 / 10:59 AM GMT

Release Date Price: €1.28 (+7.59%)

Transcript

Key Points

Positve

Goodtech ASA (FRA:6FO) reported a 4% year-on-year growth in net operating revenue after external project costs, reaching 132.1 million NOC.
EBITDA increased slightly to 15.9 million NOC, maintaining a stable EBITDA margin of 12%, indicating operational discipline.
The company maintained a strong balance sheet with an equity ratio of 61% and ended the quarter with cash and cash equivalents of 81.2 million NOC.
Goodtech ASA (FRA:6FO) announced two strategically attractive contracts, showcasing its ability to deliver innovative solutions across different industries.
The board intends to distribute approximately 60 million NOC of excess capital to shareholders, reflecting improved profitability and a robust financial position.

Negative

One of Goodtech ASA (FRA:6FO)'s larger projects was discontinued due to funding challenges on the customer side, impacting the order backlog.
Order backlog decreased to 304 million NOC from 345 million NOC in the same period last year, partly due to the discontinued project.
Personnel expenses increased by 6%, driven by annual salary adjustments and high activity levels, which could pressure margins.
Operating cash flow was negatively impacted by reductions in trade payables and timing effects related to project execution and invoicing.
Investment decisions for larger industrial projects are characterized by longer lead times, potentially delaying revenue realization.

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

GOD.OL - Goodtech ASA
Q2 2026 Goodtech ASA Earnings Call
Jul 17, 2026 / NTS GMT

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Presentation
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Unidentified_1 [1]
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Welcome to our webcast, where we will present GoodTech's results for the second quarter of 2026. I'm joined today by our CFO, Anders and Getten, who will provide a more detailed review of the quarter's financial performance and key developments.

My name is Magreta Hauger, and I am the CEO of GoodTech. Over the past few years, GoodTech has continued to strengthen its position through focused execution and strategic transformation.

We are pleased to report continued progress in the second quarter with positive developments across our key performance indicators.

We will also share our perspectives on the market outlook and the opportunities ahead of us.

Thank you for taking the time to join us today.

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