Half Year report January - June 2026

January-June

• Net sales for the period decreased to EUR 60.7 (65.2) million. Organically, net sales decreased by -7.9%.

• During the period, the contract portfolio value decreased by net EUR 2.3 million. Seven contracts were won; one contract was renewed and two were lost. Portfolio run-rate annualized net sales at the end of the period was EUR 127.6 million, compared to EUR 129.9 million at the end of the fourth quarter of 2025.

• Operating profit amounted to EUR 1.2 million, compared to EUR -1.3 million prior year.

• Adjusted EBITDA amounted to EUR 1.7 (0.3) million, excluding the effect of implementation of IFRS 16 Leases.

• Cash flow from operating activities amounted to EUR -1.7 (-5.3) million, of which change in working capital amounted to EUR -1.7 (-4.8) million.

• Net profit for the period was EUR 0.4 (-4.5) million.
  

Significant events during the period

Completion of the recapitalisation transaction
During the first half of 2026, Quant AB (publ) implemented the remaining measures of the recapitalisation transaction announced in November 2025. The three-month claim period for holders of the Senior Secured Participating Debentures 2025/2040 expired on 11 March 2026, and on 12 March 2026 the Board of Directors allotted the 3,787 shares duly claimed by debenture holders; the remaining 23,916 shares were unclaimed. On 28 April 2026, the Annual General Meeting resolved to redeem the 23,916 unclaimed shares without consideration. The redemption was effected through a reduction of the share capital without repayment to shareholders, combined with a bonus issue (fondemission) that restored the share capital to its previous amount without the issue of new shares. As a result, the number of shares and votes decreased to 228,884 while the share capital remained unchanged at EUR 2,110,908, and the quota value per share increased from EUR 8.35 to EUR 9.22. The final step of the transaction is the winding-up of the former parent company. On 26 March 2026, the extraordinary general meeting of Quibot Topco AB (publ) resolved to place the company into voluntary liquidation, with effect from 30 April 2026. With the corporate approvals obtained at the Annual General Meeting on 28 April 2026 and the liquidation of Quibot Topco AB (publ) now under way, the recapitalisation transaction announced in November 2025 is substantially complete.

Amendment of the 2028 senior secured bonds
On 17 March 2026, Quant AB (publ) initiated a written procedure in respect of its outstanding Senior Secured Floating Rate Bonds due 6 December 2028 (ISIN SE0023314299; issued under a framework amount of up to EUR 30 million and bearing interest at three-month EURIBOR plus 5.50 per cent per annum), in order to align the terms and conditions with the Group's operational and treasury requirements following the recapitalisation. On 14 April 2026, the requisite majority of bondholders approved the amendments, which took effect through amended and restated terms and conditions on the same date.

Significant events after the reporting period

No significant events requiring disclosure or adjustment occurred between 30 June 2026 and the date of this report.

Quant AB (publ) 

For further information, please contact: 
Maja Stålåker, CFO: +46 72 517 00 58
E-mail: ir@quantservice.com

Quant AB (publ) is a global leader in industrial maintenance. We keep machines working through smart services for a sustainable world. For more than 35 years, we have been maintaining and improving the safety, production, and equipment performance for over 400 facilities world-wide. The parent company is located in Stockholm, Sweden. For more information about the group, please visit www.quantservice.com.