Nimbus Group reported a 16% decrease in net sales for the second quarter of 2026. Commercial sales saw the most significant decline during this period. Sales for the first half of the year also dropped by 16%. Dealers remain hesitant to place new orders despite maintaining low inventory levels. The order book fell 15% year-over-year by the end of the second quarter.
EBITA remained stable for the quarter despite the lower sales volume. The EBITA margin improved from 4.5% to 5.3%. Performance-enhancing initiatives in inventory management boosted cash flow.
North American operations continue to struggle with lower year-over-year sales. The company implemented capacity reductions and cost-saving measures in the region.