Indutrade hits highest since April after Q2 profit rises 23%, margins improve

Indutrade hits highest since April after Q2 profit rises 23%, margins improve

Asian shares fall on chipmaker drag, bonds cheer cooler inflation Investing.com --Shares in Sweden’s Indutrade AB (ST:INDT) climbed to their highest level since April 23 on Thursday after the industrial technology group reported a sharp rise in second-quarter profit, supported by record order intake, stronger margins and resilient demand across key end markets. Shares rose 9.2% to SEK 237.80 in Stockholm trading, outperforming the broader OMX Stockholm 30, which was down around 0.6%. Net profit for the April-June quarter rose 23% to SEK 784 million from SEK 639 million a year earlier.

Operating profit increased 19% to SEK 1.13 billion, while EBITA climbed 19% to SEK 1.32 billion, lifting the EBITA margin to 14.7% from 13.7%. The quarter highlighted improving demand across several of Indutrade’s end markets after a subdued period, with higher activity in medical technology, pharmaceuticals and energy helping drive organic growth. The industrial technology group also continued to expand through acquisitions, while management said its strengthened order backlog provides a solid foundation for the second half even as geopolitical tensions and macroeconomic uncertainty continue to cloud the outlook.

Order intake increased 14% to a record SEK 9.41 billion, exceeding net sales. Comparable organic sales grew 5%. Net sales rose 11% to SEK 8.99 billion, while diluted earnings per share improved to SEK 2.15 from SEK 1.75.

Indutrade completed five acquisitions during the quarter and has acquired nine companies with combined annual sales of about SEK 1.5 billion so far this year, supporting its long-term acquisition-driven growth strategy. The company said structurally growing end markets, together with its strong order book and diversified business model, leave it well positioned for the remainder of 2026 despite an uncertain economic environment.