Kalmar Corp (STU:XK2)

Q2 2026 Kalmar Oyj Earnings Call Transcript

Jul 22, 2026 / 12:00 PM GMT

Release Date Price: €39.94 (+4.17%)

Transcript

Key Points

Positve

Kalmar Corp (FRA:XK2) reported a 14% increase in sales to EUR 480 million, driven by strong performance in both equipment and services segments.
The Eco portfolio sales grew by 27% year-on-year, reaching a record level and comprising 48% of total sales, indicating strong demand for sustainable solutions.
Operating cash flow was strong, and the balance sheet remains robust with a leverage ratio of zero.
The Driving Excellence initiative is close to achieving its target of EUR 50 million in gross efficiency improvements, with a run rate of EUR 49 million.
The company maintained its guidance for 2026, expecting a comparable operating profit margin above 12.5%.

Negative

Order intake in the services segment decreased slightly, and the order book was lower than in the second quarter of 2025.
Comparable operating profit margin was 12.4%, slightly lower than the previous year, due to product mix and cost headwinds such as freight costs.
The EMEA region saw a 20% decrease in order intake year-on-year, attributed to fewer sizable orders compared to the previous period.
The current macroeconomic uncertainty, driven by geopolitical tensions, poses challenges for long-term forecasting.
Tariff impacts and logistics costs continue to be a concern, affecting profitability, particularly in the Americas.

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

KALMAR.HE - Kalmar Oyj
Q2 2026 Kalmar Oyj Earnings Call
Jul 22, 2026 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon from Helsinki and welcome to our second quarter 2026 earnings call.

It's July, which is supposed to be the peak of our summer, but it's very chilly outside today. The Finnish summer is short, but at least we have not much snow. So while we might be missing on the sunshine. Outside, we are happy to shed some light on the Kalmar result for this quarter. My name is Karina Geba Teir, and I'm heading the Kalmar Investor Relations.

Today's result will be presented by our CEO, Sami Niranen, and CFO, Sakari Ahdekkivi. We will have a Q&A session at the end of the call.

And I would like to remind you that this webcast is recorded. It will be available on Kalmar's Investor Relations website later.

And

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