Hiab Q2 FY26 operating profit drops 18% to EUR 49.6 million; net sales rise to EUR 403.3 million

Reuters2026/07/22 05:07

By:Reuters

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HIAB Oyj Q2 2026 operating profit fell 18% to EUR 49.6 million as items affecting comparability widened to EUR -11 million.
Profit for the period dropped 20% to EUR 34.7 million; basic earnings per share slipped 20% to EUR 0.54.
Orders received climbed 16% to EUR 437 million, lifting the order book 10% from end-2025 to EUR 589 million.
Hiab announced a USD 1.04 billion acquisition of Labrie Environmental Group, completed on July 1, adding a fourth business area.
Outlook raised: 2026 comparable operating profit margin seen above 14.5%, up from a prior floor of above 13.5%.

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 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 FY26 operating profit drops 18% to EUR 49.6 million; net sales rise to EUR 403.3 million

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