Hiab Q2 operating profit drops 18% to EUR 50 million; net sales flat at EUR 403 million

Reuters2026/07/22 05:08

By:Reuters

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HIAB Oyj Q2/26 operating profit fell 18% to EUR 50 million as comparable operating profit edged up 1% to EUR 61 million.
Profit for the period dropped 20% to EUR 35 million; basic EPS declined 20% to EUR 0.54.
Net sales were flat at EUR 403 million as orders received climbed 16% to EUR 437 million, lifting the order book 6% to EUR 589 million.
Hiab tightened its 2026 comparable operating profit margin view to above 14.5% from above 13.5%.
The USD 1.04 billion Labrie acquisition closed on July 1, forming a new Environmental Vehicle Solutions unit, with consolidation starting in Q3/26.

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 21, 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 50 million; net sales flat at EUR 403 million

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