Talenom Oyj · OMXHEX:TNOM
Talenom Oyj — Q2 2026 Earnings Presentation
28 slides from Talenom Oyj's earnings presentation, Aug 13, 2026
Slide 1: Half-year Financial Report 2026
Half-year Financial Report 2026 CEO Juho Ahosola and CFO Matti Säkkinen Talenom Plc 13 August 2026
Slide 2: Juho Ahosola and Matti Säkkinen
Juho Ahosola Matti Säkkinen Chief Executive Officer CFO juho.ahosola@talenom.fi matti.sakkinen@talenom.fi +358 50 525 6043 +358 41 433 8544
Slide 3: Content
Content • New Talenom in brief • Q2 2026 highlights and strategic development • Financial performance • Outlook and guidance • Q&A
Slide 4: New Talenom in brief
TALENOM New Talenom in brief
Slide 5: Talenom at glance
Talenom at glance Talenom is a modern provider of financial management services. We help entrepreneurs succeed through a comprehensive range of accounting, payroll, and consulting services. We operate in Finland, Sweden, and Spain, and grow both organically and through strategic acquisitions. Taleno
Slide 6: We support our clients with a comprehensive offering
We support our clients with a comprehensive Value-added services offering – tailored to Group accounting & their specific needs reporting CFO & Financial manager services Legal Reporting services Core services development Industry-focused Accounting services solutions for selected Payroll services i
Slide 7: Markets: Significant market potential in our operating countries
Markets: Significant market potential in our operating countries Talenom’s very small market share in a very large market • The accounting services market in Europe is highly fragmented. Talenom’s Talenom’s relatively big relatively market share • Rising regulatory demands in very small market share
Slide 8: Q2 2026 highlights and strategic development
Q2 2026 highlights and strategic development
Slide 9: Q2 2026 highlights
Q2 2026 highlights • The second quarter was the first full reporting period for the new Talenom after the demerger. • Overall, the second quarter was positive in many respects. We made concrete progress in our strategic focus areas, and key indicators (employee satisfaction, customer satisfaction, a
Slide 10: 2026 strategic priorities
2026 strategic priorities 01. 02. 03. Implementation of the new Improving profitability in Implementing the growth strategy in all operating Sweden and Spain strategy in all operating countries countries • Adjusting resources in • Operations to commence as relation to business • Focus on organic gro
Slide 11: Strategy progress Q2/2026
Strategy progress Q2/2026 • We continued systematic work with the ONE Talenom concept 01. across all our operating countries, and the strategy implementation is progressing as planned. Implementation of the new strategy in all operating countries • We measured the ONE Talenom index, which describes
Slide 12: Strategy progress Q2/2026
Strategy progress Q2/2026 • Sweden: 01. • Profitability trend is positive. Implementation of the new strategy in • Costs have been adjusted due to the decrease in revenue, and all operating countries this is gradually reflected in improving profitability. Our target for this year is to turn Sweden's
Slide 13: Strategy progress Q2/2026
Strategy progress Q2/2026 • We continued work on our growth strategies across all countries. We believe that a broader software offering will, over time, open 01. up significant growth potential. Implementation of the new strategy in • The challenging market conditions in Finland are expected to all
Slide 14: Q2 2026 financial highlights (continuing operations)
Q2 2026 financial highlights (continuing operations) Comparable net sales grew, driven Comparable EBITDA declined Comparable operating profit by Finland and Spain slightly due to impairment of trade decreased receivables in Spain Comparable net sales Q2 (EUR million) Comparable EBITDA Q2 (EUR millio
Slide 15: Finances
TALENOM Finances
Slide 16: The Group's comparable net sales development
The Group’s comparable net sales development (continuing operations) Comparable net sales January-June Comparable net sales Q2 (EUR million) (EUR million) +2.8% +3.7% • Net sales growth was supported 30 by organic growth in Finland and 60 60.8 29.7 30.6 acquisition-driven growth in Spain. 58.7 40 20
Slide 17: The Group's comparable EBITDA development
The Group’s comparable EBITDA development (continuing operations) Comparable EBITDA January-June Comparable EBITDA Q2 (EUR million) (EUR million) 8 -5.0% -7.1% • Development in Finland and 12 6 Sweden had a positive impact 6.2 11.8 11.2 5.8 on profitability in EUR. 4 8 20.2% 18.5% 20.9% 18.9% • A no
Slide 18: The Group's comparable operating profit development
The Group’s comparable operating profit development (continuing operations) Comparable operating profit January- Comparable operating profit Q2 June (EUR million) (EUR million) -15.5% -14.7% 6 3 • Comparable operating profit 2.8 decreased compared to the 5.1 comparison period due to 4 4.3 2 2.3 lowe
Slide 19: Finland's comparable net sales development
Finland’s comparable net sales development (continuing operations) Comparable net sales January-June Comparable net sales Q2 (EUR million) (EUR million) +2.6% +1.4% 40 20 • The growth was entirely organic. 37.9 38.9 18.7 18.5 30 15 • Net sales development was slowed down particularly by customer chu
Slide 20: Finland's comparable EBITDA development
Finland’s comparable EBITDA development (continuing operations) Comparable EBITDA January-June Comparable EBITDA Q2 (EUR million) (EUR million) +5.3% +9.5% 12 6 • The comparable EBITDA improved 11.0 11.6 5.7 during the review period. 5.2 8 4 28.9% 29.7% 28.0% 30.2% • We have adjusted resources and c
Slide 21: Sweden's comparable net sales development
Sweden’s comparable net sales development (continuing operations) Comparable net sales January-June Comparable net sales Q2 (EUR million) (EUR million) 16 -9.4% -9.9% 8 • Net sales decreased as a result of high customer churn 12 12.5 in 2025. The net change in 6 6.5 11.3 5.9 the revenue base from sa
Slide 22: Sweden's comparable EBITDA development
Sweden’s comparable EBITDA development (continuing operations) Comparable EBITDA January-June Comparable EBITDA Q2 (EUR million) (EUR million) +149.9% +72.0% 0,6 0,8 • Costs have been adjusted due to the decrease in revenue, and 0.5 0,6 0,7 this is gradually reflected in 0,4 improving profitability.
Slide 23: Spain's comparable net sales development
Spain’s comparable net sales development (continuing operations) Comparable net sales January-June Comparable net sales Q2 (EUR million) (EUR million) +26.2% 12 +28.6% 6 • Most of the quarter's growth in 10.6 5.9 Spain came from acquisitions. 8 8.2 4 4.7 • New customer acquisition continued its stea
Slide 24: Spain's comparable EBITDA development
Spain’s comparable EBITDA development (continuing operations) Comparable EBITDA January-June Comparable EBITDA Q2 (EUR million) (EUR million) 1,0 1 • Comparable EBITDA was weakened by integration costs 0,6 0,6 0.7 and an increase in fixed 0.6 software-related costs following 13.9% 0,2 7.9% 0,2 the d
Slide 25: Outlook and guidance
TALENOM Outlook and guidance
Slide 26: Outlook and guidance 2026
Outlook and guidance 2026 (continuing operations) Guidance unchanged (published 16 December 2025) • Net sales around EUR 110–120 million • Comparable EBITDA around EUR 18–22 million Background for the guidance Talenom expects demand in the accounting services market to remain stable in all of the Co
Slide 27: Q&A
TALENOM Q&A
Slide 28: Thank you!
Thank you! Juho Ahosola, CEO Matti Säkkinen, CFO juho.ahosola@talenom.fi matti.sakkinen@talenom.fi +358 50 525 6043 +358 41 433 8544