Ferronordic Q2 operating profit swings to SEK 68 million; revenue rises 43% to SEK 1.56 billion

Reuters2026/08/12 05:32

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Ferronordic swung to operating profit of SEK 68 million in Q2 2026 as revenue rose 43% to SEK 1.56 billion.
Net profit returned to SEK 45 million, lifting basic EPS to SEK 3.08.
Operating margin widened 4.8 percentage points to 4.3%.
US operating profit more than doubled to SEK 74 million as revenue climbed 39% to SEK 969 million.
CEO Henrik Carlborg cited a record US result, stronger aftermarket, cost control, more technology and data use, and selective bolt-on M&A focus.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ferronordic AB published the original content used to generate this news brief via Cision (Ref. ID: 202608120130BITN____UKPR__EN_20260811-BIT-6577-0) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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U.S. Treasury Secretary Janet Yellen stated on Tuesday that the Treasury's decision last month to expand the buyback program for older-dated U.S. Treasury bonds was mainly aimed at "cooling down" the bond market, which has been heating up recently, and helping the market return to a more balanced state.

智通财经•2026/09/08 22:41