Enersense International

Q1 net sales and adjusted EBITDA were slightly below our expectations. Comparable revenue growth was -2% in Q1 y/y, but the orderbook grew by 5% q/q. Adjusted EBITDA for the core operations in 2026 is still guided at EUR 19-23m, which we consider realistic...

Net sales was EUR 61m (Nordea est. EUR 69m) in Q1. Comparable net sales growth was -2% in Q1 y/y. Net sales was close to our forecast in the Power segment but clearly below expectations in the Energy Transition segment. The company's adjusted EBITDA ...

Reported revenue growth could remain modest or even negative in Q1 but move into positive territory in Q2-Q4 2026. Seasonally, Q1 is not a strong quarter, and we thus expect the adjusted EBITDA margin to be below 3%. The company has guided for clean ...