Alimak Group Reports "Resilient Performance" in Challenging 1Q

Sweden’s Alimak Group on April 28 reported “resilient performance in a continued challenging market” for the first quarter (1Q) of 2026, with slight decreases — order intake, revenue and earnings — across the board, including in the Construction division that encompasses permanent industrial elevators — construction hoists — and solutions for them. Order intake decreased by 11% to MSEK1.78 billion (US$191 million), an organic decrease of 4%. Revenue decreased by 5% to MSEK1.65 billion, an organic increase of 3%, and adjusted Earnings Before Interest, Taxes, and Amortization margin decreased to 16.7%. Cash flow from operations was MSEK75 million (US$8 million), and net debt/Earnings Before Interest, Taxes, Depreciation and Amortization was 1.85. The group’s order intake in relation to revenue in 1Q was solid. The Construction and Height, Safety & Productivity Solutions divisions reported decreased organic order intake, while the Industrial, Wind and Façade Access divisions delivered an organic increase.