)
)
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.
Duell
Duell (DUELL) investor relations material
Duell Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2026 earnings summary15 Oct, 2026
Executive summary
FY26 net sales declined 1.8% to €124.3m and adjusted EBITA fell to €2.0m from €4.9m; operating cash flow improved to €7.3m from €1.6m.
Q4 sales were nearly flat at €31.0m, while adjusted EBITA was -€0.2m versus €1.0m a year earlier; inventory and working-capital reductions strengthened cash flow.
Financial highlights
Q4 net sales rose 0.5% YoY to €31.0m; comparable-currency sales declined 0.9%. FY26 net sales declined 1.8% to €124.3m; comparable-currency sales declined 2.5%.
Q4 adjusted EBITA was -€0.2m versus €1.0m; FY26 adjusted EBITA was €2.0m versus €4.9m.
Q4 gross margin was 20.6% versus 24.4%; FY26 gross margin was 22.1% versus 23.5%. Product mix and higher logistics costs weighed on profitability.
FY26 adjusted EBITDA was €4.1m versus €6.2m, with a 3.3% margin versus 4.9%; net loss was €6.7m versus €1.1m.
Q4 operating expenses were 17.7% of sales versus 19.8%; FY26 operating expenses were 18.8% versus 18.6%.
Outlook and guidance
FY27 guidance: net sales of €122m–€130m and adjusted EBITA of €3m–€5m.
Market uncertainty and low consumer confidence are expected to persist; demand patterns and dealer purchasing add uncertainty to the outlook.
Priorities include strengthening the Nordics position, restoring profitable growth in France, and improving working capital and profitability; new brands and Central Europe growth are expected to contribute.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Duell
- Q3 2026 net sales grew 3.5% YoY, but outlook remains cautious amid weak France and market uncertainty.DUELL
Q3 2026 - Sales and profitability declined, but cash flow improved amid market headwinds and restructuring.DUELLQ2 2026
- Net sales fell 11.7% and profitability declined amid a slow winter and market uncertainty.DUELLQ1 2026
- Sales grew 1.6% but profitability fell amid France setbacks and ongoing market headwinds.DUELLQ4 2025
- Net sales rose 2.9% but profitability and guidance declined amid weak Nordic demand.DUELLQ3 2025
- Sales and profitability improved, driven by Central Europe and stronger financials.DUELLQ4 2024
- Sales rose and margins improved, but logistics and weak demand pressured profitability.DUELLQ3 2024
- Organic sales and margin growth continued, led by Central Europe and online channels.DUELLQ2 2025
- Organic growth, margin gains, and financial strength driven by efficiency and rights issue.DUELLQ1 2025
Next Duell earnings date
Q1 202714 Jan, 2027
Duell
Next Duell earnings date
Q1 202714 Jan, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Duell Oyj is a Finnish company that focuses on the wholesale, import, and distribution of aftermarket products for powersports. Its offerings include equipment, spare parts, and accessories for various vehicles such as motorcycles, snowmobiles, mopeds, all-terrain vehicles (ATVs), and bicycles. In addition to vehicle parts, the company also provides marine and watersports accessories, along with personal equipment for riders. Duell operates primarily across Finland, the Nordic region, and Europe, serving both professional and recreational markets. The company is headquartered in Korsholm, Finland, and its shares are listed on the Nasdaq Helsinki.