Correction: Enersense’s Q1/2026 Business Review

About this update from Enersense International Oyj

Enersense International Plc | Stock Exchange Release | May 07, 2026 at 21:30:00 EESTEnersense corrects its January–March Business Review published on 7 May 2026 at 8:30 EEST.Corrected information:Undiluted earnings per share were EUR -0.19 (1.04).Diluted earnings per share were EUR -0.19 (0.87).Original information:Undiluted earnings per share were EUR -0.16 (1.04).Diluted earnings per share were EUR -0.16 (0.87).The corrected stock exchange release and January–March Business Review:Business Review January–March 2026The figures in this release are unaudited.January–March 2026Revenue was EUR 61.1 (69.7) million, down -12.4%.Revenue, when excluding the units sold or discontinued in 2025, was EUR 61.1 (62.3) million, down 2.0%.EBITDA was EUR 1.4 (21.2) million and EBITDA margin was 2.3 (30.4)%. The comparison period figure includes a gain of EUR 22.4 million recorded on the sale of the wind and solar power project development business.Adjusted EBITDA was EUR 1.5 (2.2) million and adjusted EBITDA margin was 2.5 (3.6) %.EBIT was EUR -0.6 (18.9) million and EBIT margin was -0.9 (27.2)%.Undiluted earnings per share were EUR -0.19 (1.04).At the end of the review period, the order book stood at EUR 413 (373) million.Market outlook for 2026The market situation is expected to remain favourable in the key market segments of Enersense's strategy in 2026. In all of the company's operating countries, investments are being made to increase the capacity and reliability of electricity and telecommunications networks. Data centres, in particular, will increase capacity needs. Cautiously positive development is expected in clean energy transition investments. Individual large investment projects may have an impact on market development.Guidance for 2026 (unchanged)Enersense estimates its adjusted EBITDA to be EUR 19–23 million in 2026.In 2025, the adjusted EBITDA for the core businesses was EUR 18.8 million. In 2026, Enersense discontinues separate reporting of core business figures as the strategic focusing is completed.Key figures1–3/20261–3/2025Change -%1–12/2025Revenue, MEUR61.169.7-12.4306.9Comparable revenue, MEUR61.162.3-2.0292.7EBITDA, MEUR1.421.2-93.425.3EBITDA, %2.330.48.2Adjusted EBITDA, MEUR1.52.2-32.918.8Adjusted EBITDA, %2.53.66.4EBIT, MEUR-0.618.9-102.916.4EBIT, %-0.927.25.3Result for the period, MEUR-2.717.2-113.11.2Equity ratio, %34.822.332.1Net gearing, %36...

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