Assets

The company's long-term assets, comprising of goodwill, intangible assets, property, plant and equipment, and investments in associated companies, demonstrate a stable and consistent growth trend, indicating a strategic focus on expanding its operational capabilities and market presence. In contrast, the short-term assets, including cash and cash equivalents, loans receivable, and derivative assets, exhibit a more volatile pattern, suggesting a need for the company to manage its liquidity and cash flow effectively to mitigate potential risks. Overall, the company's total assets and investments appear to be well-balanced, with a mix of long-term and short-term assets that support its growth strategy and provide a solid foundation for future expansion.

Shareholders Equity

The increase in Shareholders' Equity is primarily driven by the significant growth in retained earnings, which is a direct result of the company's improved profitability and efficient management of working capital. Additionally, the decrease in translation differences and fair value reserves has also contributed to the increase in Shareholders' Equity, indicating a reduction in foreign exchange losses and a more stable financial position. However, the decrease in Shareholders' Equity in the previous year is a concern, highlighting the need for the company to maintain its financial discipline and manage its capital structure effectively.

The value of Kalmar Equity at the end of Q2 2026 is 723.2 million Euros, and the predicted value at the end of Q2 2027 (e) is 886.0 million Euros. The expected change in one year is an increase of 162.8 million Euros, which is a 22.5% increase from the Q2 2026 value. The change in Kalmar Equity from 2025 to 2026 is expected to be 84.4 million Euros, representing a 11.8% increase. From 2026 to 2027, the expected change is 166.2 million Euros, a 20.7% increase. The year-end values for Equity are 717.8 million Euros in 2025, 802.2 million Euros in 2026, and 968.4 million Euros in 2027.

*Future dividents are not included in prediction

Debt

Kalmar's long-term debt appears to be well-managed, with a stable level of interest-bearing liabilities and a low gearing ratio, indicating a prudent approach to capital structure. However, the company's reliance on short-term debt and the significant cash outflows from financing activities suggest a need to rebalance its funding mix and reduce its reliance on short-term borrowings. Furthermore, the equity ratio is healthy, but the company's ability to maintain this level of equity will depend on its ability to generate strong operating cash flows and manage its capital expenditures effectively.

The Net Debt in Q2 2026 is 13.1 million Euros. The predicted Net Debt in Q2 2027 (e) is -182.9 million Euros, indicating a significant change. The expected change in Net Debt from Q2 2026 to Q2 2027 (e) is a decrease of 195.9 million Euros. This represents a decrease of 1490% from the Q2 2026 value. The Net Debt is expected to decrease by 90 million Euros from 2025 to 2026, which is a 1,700% change. From 2026 to 2027, the Net Debt is predicted to decrease by 240.3 million Euros, which is a 283% change. The year-end Net Debt values are 5.3 million Euros in 2025, -84.9 million Euros in 2026, and -324.6 million Euros in 2027.