AutoStore Holdings reported second quarter EBIT of $27.9 million, down 55.5% from a year ago. Adjusted EBITDA was $63.7 million, down 15.1%. Revenue was $134 million, down 13%. Order intake was $150 million, up 6%. AutoStore closed the quarter with an order backlog of $529 million.
"We remain confident in the long-term potential of warehouse automation. With AS/RSmarket penetration still at approximately 20%, the runway for growth is significant - and we're well-positioned to capture it," said CEO, Mats Hovland Vikse.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.