To own Addtech AB (publ.), you need to believe in a steady flow of niche industrial demand, disciplined acquisitions and the ability to hold margins through cycles. The latest quarter supports that story, with higher sales and earnings versus a year ago and EPS at SEK 2.1, but it does not radically change it.
The near term swing factor still looks like how quickly the strong quotation and order backlog in areas such as Energy turns into invoiced projects. The key risk remains that weaker end markets and delayed capex projects leave fixed costs elevated, which could pressure profit if order intake slows from today’s level.
The most relevant datapoint is the six month report to September 30, 2026. In that period Addtech AB (publ.) delivered SEK 12,079 million in sales and SEK 1,190 million in net income. That print helps you gauge whether the acquisition heavy model and exposure to energy infrastructure and industrial flows are translating into consistent earnings.
This update also matters in the context of risk. Management has flagged softer demand in areas such as sawmill related forestry, building installation within Safety and some special vehicles, plus customer caution on larger Process projects. The latest earnings give you a live read on whether strong segments are offsetting those headwinds or whether conversion from backlog to sales is starting to slow.
Addtech AB (publ.)'s current analyst narrative points to revenues of SEK 29.7b and earnings of SEK 3.3b by 2029, which is based on an assumption that revenue grows at 8.8% per year and that earnings rise by about SEK 1.1b from SEK 2.2b today.
Uncover how Addtech AB (publ.)'s fair value indicates a 26% potential upside to its current price, which could narrow quickly if sentiment catches up.
Four fair value estimates from the Simply Wall St Community span roughly SEK 328 at the low end to SEK 1,000 at the top, which signals a very wide spread in how retail investors frame Addtech AB (publ.). Before the latest earnings, many already focused on acquisition pace and project timing, so you should weigh how prolonged cost pressure or delayed capex could shift these community views and look across several contrasting opinions rather than anchor on a single number.
Explore 3 other Addtech AB (publ.) fair value estimates, including one that suggests it could be worth just SEK327.64.
Don't just follow the ticker. Dig into the data and build a conviction that's truly your own.
If Addtech AB (publ.) has helped sharpen your view on quality, you can use that same lens across the wider market and pressure test how other businesses stack up on cash flow, balance sheet strength and income potential.
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