Second quarter │ April–June 2026
Net sales amounted to TSEK 274,625 (210,703),
which is an increase of 30.3% compared to the same period last year.
The gross margin amounted to 54.9% (52.0).
Operating profit before depreciation (EBITDA) amounted to TSEK 88,660 (68,570),
which corresponds to an operating margin before depreciation of 32.3 % (32.5).
Operating profit (EBIT) amounted to TSEK 61,806 (47,384),
which corresponds to an operating margin of 22.5 % (22.5 ).
Earnings per share before dilution amounted to SEK 4.24 (3.32).
Half-year│ Jan–June 2026
Net sales amounted to TSEK 582,501 (431,086),
which is an increase of 35.1 % compared to the same period last year.
The gross margin amounted to 55.4% (51.8).
Operating profit before depreciation (EBITDA) amounted to TSEK 220,941 (145,709),
which corresponds to an operating margin before depreciation of 37.9 % (33.8).
Operating profit (EBIT) amounted to TSEK 168,572 (104,484),
which corresponds to an operating margin of 28.9 % (24.2).
Earnings per share before dilution amounted to SEK 11.64 (7.35).
Comments from the CEO
We see a second quarter that balances out a very strong first quarter. The high inventory build-up among wholesalers, which characterized the start of the year, has gradually evened out during the second quarter and is now at a more normal level for the season.
The individual quarter is affected to a large extent by temporary factors, such as currency effects and variations in revenue. To obtain a more fair representation, the half-year should therefore be viewed as a whole. With revenue growth of approximately 35 percent during the first half of the year, an operating margin of around 29 percent is considered to provide a more representative view of the business’s underlying profitability.
During the second quarter, we began deliveries of our new LED panel, LPN-01, where order intake so far has developed fully in line with our expectations. The ramp-up of production has been more challenging than for other products, mainly as a result of the product’s complexity and size, but we expect to be able to produce in line with demand during the second half of the year.
Growth in installations slowed somewhat during the second quarter, which is expected and is mainly explained by developments in Norway. We are facing a strong comparison quarter, as the successful launch of TRM-01 in the previous year clearly contributed to growth. As production of LPN-01 has been somewhat delayed, it has therefore not yet had time to balance out installation growth compared with the previous year.
At the industry trade fair Eliaden in Norway, we showcased our upcoming presence sensor for commercial use, CMS-01. The launch marks a further step towards more commercial installations, and we continue to strengthen the product category through several upcoming launches.
We continue to follow our defined plan with strong growth and increasing profitability, and look forward to the rest of the year, which offers several exciting product launches. I would like to extend a sincere thank you to the team for a very well-executed effort.
Babak Esfahani
CEO of Plejd AB
For further information
Phone: +46 (0) 10 207 89 01
E-mail: investor@plejd.com
About the company
Plejd is a leading Nordic supplier of smart lighting and other smart products. By focusing on the user experience, Plejd makes smart solutions easy and available to everyone.