Investment AB Latour B

Investment AB Latour reported an organic order intake of +13% for Q2 and a net sales increase of +4%, with adjusted EBIT of 999 million SEK and a margin of 13.8%. Net Asset Value fell 3.7% in the first half to 203 SEK, while the order backlog reached a record high at just over 8 billion SEK. The company gave no guidance for revenue or EPS, leading investors to negatively price the gap between strong order intake and delayed revenue recognition as well as weaker portfolio performance, and the stock plunged about 27% pre-market. » More on de.investing.com

Latour reports industrial sales of SEK 7.23 billion for Q2, up 3% year-on-year, supported by a gradual market recovery. Order intake increased 11% (13% adjusted for currency) to SEK 7.81 billion, and the segment EBIT margin was 13.8%. Net asset value per share fell 3.7% in the first half; Latour completed five acquisitions in Q2 that contribute an annualised acquired net growth of SEK 700 million. The company expects the high order backlog to support net sales growth in coming quarters and sees only minimal financial impact from the uncertainty in the Middle East. » More on de.investing.com

Latour reports for Q1 2026 a decline in net asset value to SEK 203 per share (−5.9%), driven by a 9.0% drop in the listed investment portfolio, which thus significantly lagged the benchmark SIXRX (−1.2%). The share plunged 19.35% after the presentation. Wholly owned subsidiaries showed organic growth and stable profitability but missed financial targets due to currency headwinds and market weakness. Management remains long-term optimistic, cites strategic acquisitions and expects the currency drag to ease over the remainder of the year. » More on de.investing.com