Tempest Security

* Q2: +6% sales growth, 2.2% EBITDA margin * '26e EBITDA down SEK 9m * Guarding continues to take steps forward, although slower Some development but we hoped for more Tempest continues to deliver y-o-y improvements, although below our expectations. ...

* Sales -SEK 16m, EBITDA -SEK 4.6m vs. ABGSCe * '26e-'28e EBITDA estimates likely down * Share to focus on margin miss Q2 details Tempest delivered a Q2 report with both sales and EBITDA y-o-y growth. Sales came in at SEK 153m (-10% vs. ABGSCe at SEK...

* Benefiting from becoming a larger company * Eyeing a Nordic expansion * Potential in the SOC business Focusing on the Guarding This Friday, we hosted Tempest Security CEO Andrew Spry at ABGSC's Investor Days. Tempest Security released its Q1'26 report...

* Q1: +11% sales growth, 3.2% EBITDA margin * '26e EBITDA up 2% * Guarding continues to take steps forward Starting the year on a positive note Tempest continues to deliver improvements, with Q1 EBITDA coming in 6% above ABGSCe. Guarding grew sales by...

* Sales -SEK 9m, EBITDA +SEK 0.3m vs. ABGSCe * '26e-'28e EBITDA estimates likely up * Share to focus on the margin improvements Q1 details Tempest delivered a Q1 report with both sales and EBITDA y-o-y growth. Sales came in at SEK 146m (-9% vs. ABGSCe...