Mentice AB (FRA:MN2)

Q2 2026 Mentice AB Earnings Call Transcript

Jul 23, 2026 / 08:00AM GMT

Release Date Price: €1.2 (+4.37%)

Transcript

Key Points

Positve

Mentice AB (FRA:MN2) reported a 28% year-over-year revenue growth in Q2, reaching SEK80 million.
The company achieved a 41% organic growth in order intake, primarily driven by the Americas region.
EBITDA margin improved significantly to 8%, up from minus 1% in Q2 2025, due to higher sales and effective cost control.
Mentice AB (FRA:MN2) has a strong cash position with SEK61 million at the end of Q2, compared to SEK26 million a year ago.
The company secured a significant $2.4 million order from a medtech company, indicating strong confidence from large industry players.

Negative

Despite strong order intake in the Americas, revenue growth in the region did not match, indicating a time lag in revenue recognition.
Gross margins are under pressure due to foreign exchange impacts and outsourcing of manufacturing parts.
Order intake in the healthcare systems segment declined in Q2, with some deals moving to Q3 and Q4.
Personnel costs include some incidental items, and future growth may require additional investment in personnel.
The company faces challenges in sustaining growth in the healthcare systems segment, which requires execution on existing project pipelines.

Maria Karlsson Osipova

Dnb Markets - Analyst

Good morning, everyone, and welcome to DNB Carnegie. My name is Maria Karlsson Osipova, and I'm an analyst here at the bank. And today's focus is the Q2 report of Mentice. And with me here in the studio, I have Frans Venker, CEO of Mentice; and Rick van Veen, CFO of Mentice. Welcome.

Rick van Veen

Mentice AB - Chief Financial Officer

Thank you.

Frans Venker

Mentice AB - President, Group Chief Executive Officer

Thank you, Maria.

Maria Karlsson Osipova

Dnb Markets - Analyst

And the format is as usual. You first get to present the quarter and talk us through the numbers, and then we will continue with the Q&A session. And I remind you guys to ask questions in the chat. So please take it away.

Frans Venker

Mentice AB - President, Group Chief Executive Officer

Thank you, Maria. Thank you for having us. Today, I'm here with Rick van Veen, so our new CFO for the Mentice

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...

7-Day Free Trial · Cancel Anytime

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.