Report published August 12, 2026
Taaleri Q2 2026 Results: Headline Figures in Line with Expectations – Nordea Research
Source and citation context
- Issuer
- Nordea
- Report date
- August 12, 2026
- Analysis as of
- Not stated in source
Authors / editors: Patrick Campbell
Finvaulta summarizes Nordea's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Taaleri delivered Q2 2026 continuing earnings of EUR 9.8m and sales of EUR 13.6m, largely in line with Nordea expectations. Strong investment results from Garantia helped offset negative performance fee bookings in Private Asset Management.
Key Takeaways
- 1.Taaleri's Q2 2026 headline results were broadly in line with expectations at the group level, despite significant variation across reporting segments.
- 2.Garantia acted as the primary positive earnings driver with total income jumping 98% y/y to EUR 10.1m, boosted by EUR 7.3m in fair value changes from investment operations.
- 3.Private Asset Management EBIT missed estimates at EUR -0.6m (vs. EUR 1.5m expected), burdened by EUR -1.7m of negative performance fee bookings related to SolarWind I.
Table of Contents
- Result notes
- 2026 outlook
- TAALERI Q2 2026 GROUP DEVIATION TABLE
- TAALERI Q2 2026 SEGMENT DEVIATION TABLE
- SUMMARY TABLE - KEY FIGURES
- Disclaimer and legal disclosures
- Fair value and sensitivity
- Marketing material
Report data
TAALERI Q2 2026 GROUP DEVIATION TABLE
| Metric | Estimate | Context |
|---|---|---|
| Sales | 13.6 EURm | Taaleri Group Sales in Q2 2026 vs NDA est. 13.7 EURm |
| EBIT | 4.5 EURm | Taaleri Group EBIT in Q2 2026 vs NDA est. 4.2 EURm |
| Reported EPS | 0.13 EUR | Taaleri reported EPS in Q2 2026 vs NDA est. 0.11 EUR |
| Continuing earnings | 9.8 EURm | Taaleri segment reporting continuing earnings total |
| Garantia Combined Ratio | 36.7% | Garantia combined ratio vs Nordea expectation of 27.9% |
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Authors / Editors
Reported Data Context
- Sales: 13.6 EURm (Q2 2026) · Source: Company data
- EBIT: 4.5 EURm (Q2 2026) · Source: Company data
- Reported EPS: 0.13 EUR (Q2 2026) · Source: Company data
- Continuing earnings: 9.8 EURm (Q2 2026) · Source: Company data
- Garantia Combined Ratio: 36.7 % (Q2 2026) · Source: Company data
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