Financial guidance and strategic targets

Guidance for 2026

(updated on 12 February 2026)

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.

Market outlook for 2026

The 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 centre investments, 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.

Strategic targets 2025–2028

Growth

Compound annual growth rate (CAGR) 4–5%
(2025: -10%)

Profitability

EBIT over 5%
(2025: 5,3%)

Balance sheet

Net gearing below 100%
(2025: 6,5%)

Safety

Towards zero incidents with continuous decrease in lost-time incident frequency
(2025: 5,5)

Climate

Emission reduction targets in line with SBTi for 2023–2035:
(2025: 73,000 tCO2e, verification ongoing)

  • Emissions from own operations (Scope 1–2) -63%
  • Emissions from the value chain (Scope 3) -38%