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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bera
Bera (BERAHF) investor relations material
Bera Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary8 Oct, 2026
Executive summary
H1 product sales rose 18% YoY and gross profit rose 31%; EBITDA reached ISK 3,677m and net profit ISK 1,817m.
Performance benefited from Gæðabakstur and Kjarnavörur, acquired in Dec 2025; their combined H1 EBITDA was ISK 619m, with no contribution in the prior-year comparison period.
Financial highlights
H1 product sales were ISK 29,071m vs ISK 24,609m; net sales after alcohol and deposit charges were ISK 22,221m vs ISK 18,054m.
H1 gross profit was ISK 9,176m vs ISK 7,345m; EBIT was ISK 2,902m vs ISK 1,978m.
H1 EBITDA was ISK 3,677m, up ISK 1,096m YoY; net profit was ISK 1,817m vs ISK 1,254m.
Q2 EBITDA was ISK 2,452m vs ISK 1,611m; net profit was ISK 1,419m vs ISK 876m.
Outlook and guidance
Planned Hólmsheiði warehouse and distribution center is ~23,000 sq m; operations are expected to start in ~3 years, subject to plans proceeding.
Purchase of selected Karl K. Karlsson-Bakkus customer relationships and related inventory is expected to cost ISK 438m and generate ~ISK 100m annual EBITDA; pending competition authority approval.
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Latest events from Bera
- FY2023 growth lifted EBITDA 21%; FY2024 guidance is ISK 5.5–5.9bn.BERAHF
Q4 23/24 - Sales and EBITDA surged on acquisitions and export gains, with a positive outlook maintained.BERAHFQ1 26/27
- 2025 revenue rose 7.3%, but profit fell; 2026 outlook is for higher EBITDA and growth.BERAHFQ4 25/26
- Q3 2025 saw robust domestic growth, new acquisitions, and a major group restructuring.BERAHFQ3 25/26
- Revenue up 2.7% year-over-year, but EBITDA and net profit declined on higher costs.BERAHFQ2 25/26
- Sales grew 3.3% but EBITDA fell 8%; guidance unchanged amid acquisitions and new launches.BERAHFQ1 25/26
- EBITDA and profit declined on flat revenue, but equity and strategic investments increased.BERAHFQ2 24/25
- Revenue up 2% but net profit down sharply; focus on sustainability and new products.BERAHFQ1 24/25
- 2024 saw stable revenue, lower profit, and strategic moves for future growth.BERAHFQ4 24/25
Next Bera earnings date
Q3 26/2717 Dec, 2026
Bera
Next Bera earnings date
Q3 26/2717 Dec, 2026
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Frequently asked questions
Ölgerðin Egill Skallagrímsson hf. is an Icelandic company specializing in the production, marketing, and sale of beverages and food products. The company's portfolio includes both alcoholic and non-alcoholic beverages. Notable alcoholic brands produced by Ölgerðin include Gull, Boli, and Brennivín, while their non-alcoholic offerings include Egils, Appelsín, and Egils Malt. Additionally, the company imports and sells a variety of wines, spirits, and alcopops. Beyond beverages, Ölgerðin also provides food products and snacks. The company is headquartered in Reykjavík, Iceland, and its shares are listed on the Nasdaq Iceland.