Hiab Q2 operating profit drops 18% to EUR 49.6 million

Reuters2026/07/22 05:03

By:Reuters

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HIAB posted Q2 comparable operating profit up 1% to EUR 61 million as sales held flat at EUR 403 million.
Operating profit fell 18% to EUR 49.6 million, including EUR -11 million in items affecting comparability; profit for the period dropped 20% to EUR 34.7 million.
Orders received climbed 16% to EUR 437 million, lifting the order book 6% from end-2025 to EUR 589 million.
Cash flow from operations before finance items and taxes slid 56% to EUR 24.6 million; net cash was EUR 155 million with gearing at -15.3%.
Completed the USD 1.04 billion acquisition of Labrie on July 1; 2026 comparable operating profit margin outlook lifted to above 14.5%.

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. HIAB Oyj published the original content used to generate this news brief on July 22, 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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Hiab Q2 operating profit drops 18% to EUR 49.6 million

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