Financial report Q1 2026

Summing up | January – March 2026

Summary of the quarter

Significant events in Q1 2026

• The expansion of Stockholm 4 Syd has progressed, which has increased the company’s current revenues during the period. The quarter also includes a one-time revenue for the expansion that has a large effect compared to the previous period.
• During the quarter, work on establishing data center Stockholm 5 Nord continued and the entire capacity of 28 MW is now contracted with a delivery date of July 2027.
• Conapto has strengthened its financing for its expansion through a revolving credit facility of 100 MSEK and through contributions from the parent company Conapto Group Holding II AB of 100 MSEK.
• Conapto’s contracted capacity provided a run-rate adj. EBITDA of 710 MSEK (55 MSEK).

Significant events after end of the period

• Conapto has issued additional bonds for a total nominal amount of 500 MSEK within the company’s framework of up to 2,000 SEK with maturity in June 2028.

January – March 2026

• Net sales: 127 MSEK (39 MSEK)
• Operating profit/loss (EBIT): 15 KSEK (-2,555 KSEK)
• Profit for the period: -32,274 KSEK (-12,952 KSEK)
• Cash flow for the period: -288,521 KSEK (8,819 KSEK)
• Cash/cash equivalents at the end of the period: 123,026 KSEK (36,951 KSEK)

CEO Comments | Q1 2026

During the first quarter, we have been actively working on the expansion of Stockholm 4 Syd, where 16 MW of capacity is being implemented. The entire facility is expected to be operational during the second quarter of the year. 

Since the previous quarter, the establishment of Stockholm 5 Nord has progressed according to plan, and the facility is scheduled to open in July 2027. The entire capacity of 28 MW is contracted, which is an important milestone for our business and a clear acknowledgement of the great interest in our offering. 

We are also investing in data center Stockholm 3 Nord, where we are expanding capacity by 1,2 MW, of which just over 0,7 MW is already contracted by customers. 

With these new deals, Conapto’s contracted adjusted EBITDA is 710 MSEK. 

We have made several strategic recruitments to ensure the right skills and capacity in our growing business, which strengthens the organization and creates good conditions for an effective onboarding and continued development. 

During the quarter, Conapto received a cash injection from the parent company in the form of subordinated debt, thereby fulfilling the conditions specified for the issued bonds. 

During the quarter, Conapto’s owner, the infrastructure fund Marguerite II, has announced that they are evaluating various strategic alternatives for Conapto. 

Håkan Björklund, CEO

For more information, please contact:
Håkan Björklund, CEO
+46705590786
hakan.bjorklund@conapto.se

About Conapto
Conapto provides scalable, secure and sustainable data center colocation for companies to produce and deliver digital services. With four data centers and its headquarters in Stockholm, Conapto delivers reliable hybrid IT infrastructure designed for high performance, energy efficiency and long-term scalability – enabling the next generation of digital services. Learn more at www.conapto.com.

This information is information that Conapto Holding AB (publ) is required to disclose under the EU Market Abuse Regulation. The information was submitted for publication, by the above-mentioned contact person, on 28 May 2026 at 10.00 CEST.