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
