EQT AB (publ) (EQBBF) Q2 2026 Earnings Call Transcript

SA Transcripts 161.11K Followers Follow 5 Share Save Comments EQT AB (publ) ( EQBBF ) Q2 2026 Earnings Call July 17, 2026 2:30 AM EDT Company Participants Olof Svensson - Head of Shareholder & Bondholder Relations Per Franzén - CEO & Managing Partner Gustav Segerberg - Head of CEO Office Kim Henriksson - Chief Financial Officer Conference Call Participants Arnaud Giblat - BNP Paribas, Research Division Haley Tam - UBS Investment Bank, Research Division Nicholas Herman - Citigroup Inc., Research Division Ermin Keric - DNB Carnegie, Research Division Hubert Lam - BofA Securities, Research Division Oliver Carruthers - Goldman Sachs Group, Inc., Research Division Presentation Olof Svensson Head of Shareholder & Bondholder Relations Welcome to EQT's Half Year Report 2026. It's been a busy and successful first half for us. All in, fee-paying AUM at EQT grew 10%. We delivered total revenue growth of 5% and 4% of EBITDA growth versus last year, with significant fundraising activities underway, driving growth into 2027. Before handing over to Per to kick things off, let me ask that we limit questions to 2 questions in today's Q&A to make sure everyone has sufficient time to answer questions. So with that, let's hand it over to you, Per, to kick things off. Per Franzén CEO & Managing Partner Thank you, Olof, and good morning, everyone. In a challenging and uncertain environment during the first half, we delivered strong performance and made significant progress across the board. We took advantage of a volatile market environment to unlock attractive investments. We were able to leverage our differentiated sourcing capabilities to really create very attractive deal flow for investors. We substantially increased our investment pace compared to last year. And in total, we put EUR 19 billion of capital to work and generated EUR 9 billion of coinvestments. At the same time, we stayed disciplined on exits, building really on the record year of exits that we