ES Group Q2 2026 slides: seasonal low masks improving KPIs

ES Group AB reported a 30% year-over-year increase in net revenue to 20.0 million SEK in Q2 2026, despite facing the seasonal weakness typical of the April-June period. The company's shares fell 7.27% to $15.30 following the presentation, reflecting investor concerns over continued losses amid management optimism. ES Group demonstrated improvement in operating income, which grew 42% year-over-year to 23.6 million SEK, indicating better operational efficiency.

The company's product brand, ES Energy Save, generated 69% of total revenue in Q2 2026, with ODM and white-label sales growing at 46% year-over-year to reach 31% of revenue.

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