Skip to main content

BTS Group AB (publ) Interim report January – March 2026

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

BTS back to profitable growth

January 1 – March 31, 2026

  • Net sales amounted to MSEK 602 (647). Growth adjusted for currency effects was 5%, whereof 2% was organic.
  • EBITA increased 5 % to MSEK 62 (59).
  • EBITA margin was 10.3 (9.1) %.
  • Profit after tax increased 4% to MSEK 26 (25).
  • Earnings per share increased 7% to SEK 1.42 (1.33).

“BTS is back to profitable growth, with our biggest unit, North America, returning to growth and 50 percent profit improvement. In North America, AI companies are increasingly turning to BTS as their partner of choice and our clients are recognizing that the key to applied AI advancement is a people and leadership issue – right in our sweet spot.”

Jessica Skon, CEO of BTS Group AB

Outlook 2026

We estimate that the result (EBITA) for 2026 will be better than 2025.  

FINANCIAL SUMMARYJan-MarJan-MarApr-MarJan-Dec
MSEK202620252025/20262025
Net sales                        602                        647                    2,658                    2 703
   Growth adjusted for currency effects5%3%3%3%
EBITA                           62                           59                        278                        274
   EBITA margin10.3%9.1%10.4%10.2%
EBIT                           45                           41                        204                        200
   EBIT margin7.5%6.3%7.7%7.4%
Profit after tax                           26                           25                        1331)                        1331)
Cash flow from operating activities-2-58269213
Earnings per share, SEK2)                       1.42                       1.33                       6.99                       6.89
Net debt (+)/net cash (-)1-531-46
Number of employees (EOP)1,1273)1,1981,1273)1,139

1) The changes in U.S. tax legislation in 2025 had a positive effect on reported income tax 2025 of MSEK 14 in BTS’s operations in North America.

2) Before and after dilution of shares.

3) Acquisitions during the year have brought in 21 new employees.

For more information, please contact:
Michael Wallin
Head of investor relations
BTS Group AB
michael.wallin@bts.com
+46-8-58 70 70 02
+46-708-78 80 19

This information is information that BTS Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 06:30 CEST on May 21, 2026.

About BTS Group AB

BTS is a global professional services firm headquartered in Stockholm, Sweden. BTS has about 1,100 professionals in 36 offices located on six continents. BTS competes in both talent and HR consulting as well as the traditional consulting markets. BTS’s services support a broad range of client challenges including top-to-bottom and on-demand leadership development, talent selection and readiness, strategy creation and strategy implementation, as well as culture and broad-scale change. For 40 years, BTS has been focused on the people-side of change and on powering better performance using proprietary simulation, learning, coaching, and assessment methodologies. We partner with nearly 1,200 organizations, including over 40 of the world’s 100 largest global corporations.

BTS is a public company listed on the Nasdaq Stockholm exchange and trades under the symbol BTS B. For more information, please visit www.bts.com. 

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.