Sitowise Q2 operating profit drops 40.1% year over year to EUR 1.2 million; net sales rise 1.2% to EUR 43.1 million

Reuters2026/08/12 05:31

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Sitowise Q2 net sales rose 1.2% to EUR 43.1 million; operating profit fell 40.1% to EUR 1.2 million.
Result turned to a loss of EUR 0.2 million; operating cash flow before financial items and taxes slid 82.6% to EUR 1.3 million.
Adjusted EBITA held at EUR 3.2 million, keeping the adjusted EBITA margin flat at 7.4%.
Order intake climbed to EUR 50.8 million; order book increased 4.9% to EUR 145.3 million at end-June.
Completed the sale of Sitowise Sverige AB on July 31; management said the divestment sharpens focus on profitability and technology.

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. Sitowise Group Oyj published the original content used to generate this news brief via Cision (Ref. ID: 20260812:BIT:6599:0) 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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Sitowise Q2 operating profit drops 40.1% year over year to EUR 1.2 million; net sales rise 1.2% to EUR 43.1 million

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