Bravida Reports Stable Sales and Increased Order Backlog in Q1 2026

Installation and service company Bravida reported stable performance for the first quarter of 2026, with net sales increasing by 2 percent to SEK 7,045 million. Organic growth stood at 1 percent, reflecting a resilient business model in a challenging geopolitical and economic climate.

The order backlog saw a significant increase of 7 percent, reaching SEK 16,727 million by the end of the quarter. CEO Mattias Johansson noted varying market conditions across regions, with Sweden showing growth particularly in the north, while Denmark and Finland maintained stable sales. Norwegian operations experienced lower sales due to a difficult project market.

Earnings Before Interest, Taxes, and Amortization (EBITA) rose by 6 percent to SEK 325 million, with the EBITA margin improving to 4.6 percent. The results were impacted by approximately SEK 20 million in restructuring costs related to Swedish operations. Bravida anticipates further restructuring costs of SEK 50–60 million for the full year 2026.

Bravida's strong balance sheet and improved cash flow provide operational flexibility. The company is focused on strict project selection and cost control, while benefiting from structural demand in areas such as data centers, infrastructure, and digitalization for long-term value creation.