FORTACO AS AN INVESTMENT

TOGETHER WE SHAPE YOUR INDUSTRY.

Fortaco’s diversified industry exposure provides protection from cyclicality.

A man in a suit and red tie, a modern glass building, a yellow square, and a map of Northern Europe with highlighted cities marked in yellow and blue dots.

Half-Year Review January-June 2026

The second quarter of 2026 was a good one for Fortaco. The market remained favourable, order intake increased, and the situation in the Middle East did not have a significant impact on demand – we are closely monitoring possible indirect impacts on our customers’ end markets.

Looking at the second quarter figures of Fortaco’s continuing operations, i.e. excluding the operations to be divested, and excluding the development costs of Gliwice, net sales grew 10 per cent year on year and totalled EUR 54.1 (49.4) million. Profitability improved substantially from the comparison period. Recurring EBITDA grew 51 per cent to EUR 7.1 (4.7) million, or 6.9 (5.3) per cent of net sales.

Profitability improvement program Fortaco 26 is gradually bringing results, and we have succeeded in maintaining our high quality and delivery reliability. Our systematic work to advance operational efficiency continues at all our factories, and the program will extend to 2027.

After the review period, on 15 July 2026, we announced a major strategic decision: Fortaco will focus on the vehicle cabin business and sell steel fabrication and assembly operations in Finland, Estonia and Poland to HANZA. The divestment will provide Fortaco with the prerequisites to build a more focused international vehicle cabin company and to reinforce our cabin operations. The rapidly evolving market offers attractive growth opportunities in vehicle cabins globally, and we aim to grow both organically and through selected M&A.

I am stepping in as the President & CEO at a very interesting stage of Fortaco’s journey.