NCAB Group AB (publ)

NCAB Group AB reported a 58% organic order intake growth in US dollars for the second quarter of 2026, with net sales rising 25% to SEK1,168 million. EBITA increased to SEK138 million from SEK93 million a year earlier, yielding an EBITA margin of 11.9%, while net profit climbed to SEK84 million and earnings per share reached SEK0.45. The company acquired Board Shark PCB in the US, which contributed to margin improvement, and maintained stable gross margins despite supply chain constraints driven by AI-related demand. Foreign exchange had a negative impact of SEK35 million on net sales and SEK10 million on EBITA, and the book-to-bill ratio stood at 1.34%. Cash flow strengthened to SEK116 million, and available liquidity exceeded SEK1 billion, providing flexibility for future M&A activities.