)

BHG Group (BHG) investor relations material
BHG Group Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved third consecutive quarter of organic growth, with Q2 organic growth at 5.4% and all segments contributing, outpacing the addressable market.
Profitability improved for the seventh consecutive quarter, with Q2 adjusted EBIT up 19% year-over-year to SEK 118.3 million.
Strong cash flow from operating activities reached SEK 363.2 million, driven by operational improvements and inventory optimization.
Strategic restructuring and an asset-light, scalable online model position the company for further profitable growth and market leadership.
All business areas reported organic sales growth, with continued cost control and improved cash flow.
Financial highlights
Q2 net sales increased 1.1% to SEK 2,745 million, with organic growth of 5.4%.
Adjusted EBIT reached SEK 118.3 million, with an EBIT margin of 4.3% (up from 3.6%).
Value Home segment led with 9.7% organic growth and a 7.1% EBIT margin.
Home Improvement segment posted SEK 77 million adjusted EBIT and a 5.2% margin; Premium Living also improved.
Net profit for Q2 was SEK 91.1 million, and EPS was SEK 0.42.
Outlook and guidance
Market recovery expected to continue in 2025, especially in Sweden, Norway, and Germany, with Finland lagging.
Focus remains on profitable growth, targeting a 5% EBIT margin in the first phase and 7% long-term, with no specific timeline.
Long-term online migration and increased disposable income expected to support growth.
Emphasis on organic growth above the addressable market and bolt-on acquisitions.
Next BHG Group earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage