Kalmar achieved robust sales growth and enhanced profitability in the second quarter of 2026, driven by steady market demand, strong cash flow generation, and increasing adoption of electric equipment. The company has maintained its full-year financial outlook.

In the second quarter, Kalmar’s sales surged by 14% year-on-year to €480 million. Order intake remained consistent at €449 million, contributing to an order book of €986 million by the close of June. Comparable operating profit saw a 9% increase to €60 million, resulting in a margin of 12.4%. Cash flow from operations, prior to finance items and taxes, significantly improved, rising to €82 million from €22 million in the same period last year.

For the first half of 2026, sales grew by 10% to €899 million. Comparable operating profit advanced by 8% to €111 million, with the profit for the period reaching €83 million.

Kalmar highlighted the continued expansion of its eco-friendly product portfolio. Sales of low-emission products experienced a 27% increase in the second quarter, amounting to €233 million, which now represents 48% of total sales. The company also noted a heightened demand for fully electric equipment.

During the quarter, Kalmar introduced the TT7 EV, a fully electric terminal tractor designed for the European market. Additionally, the company celebrated the first anniversary of its Move2Green initiative, a research and development program focused on electrification, digital services, and circular economy principles.

President and CEO Sami Niiranen commented on the resilience of customer demand, noting that it remained strong despite ongoing trade tensions and geopolitical uncertainties. He attributed the company’s ability to offset the impact of tariffs to higher sales volumes, strategic pricing adjustments, and efficiency enhancements.

Looking ahead, Kalmar anticipates market demand to remain broadly stable over the next six months. The company has reaffirmed its financial guidance for 2026, projecting a comparable operating profit margin exceeding 12.5%.

Kalmar posts strong sales growth in H1 and maintains 2026 outlook