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DUG Foodtech (DUG) investor relations material

DUG Foodtech Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary18 Jul, 2025

Executive summary

  • Net sales increased 343% in Q2 2025 to 1,827 TSEK, driven by new listings and strong growth in Germany and Europe.

  • Product launches and expanded distribution, including DUG Barista in 1,600 Rossmann stores and 770 Kaufland stores in Germany, supported sales momentum.

  • The company introduced the world's first unsweetened potato-based barista drink and expanded into Poland and other European markets.

  • DUG products are now available in 5,000 stores across Europe, with positive feedback from both retail and foodservice sectors.

  • Focus remains on sales-driving activities and further market expansion, especially in foodservice and gelato segments.

Financial highlights

  • Q2 2025 net sales: 1,827 TSEK (412 TSEK Q2 2024); H1 2025: 2,680 TSEK (522 TSEK H1 2024).

  • Q2 2025 EBITDA: -6,926 TSEK (-3,843); EBIT: -6,971 TSEK (-3,862); net result: -7,023 TSEK (-5,010).

  • H1 2025 EBITDA: -11,857 TSEK (-7,219); EBIT: -11,903 TSEK (-7,256); net result: -11,954 TSEK (-8,522).

  • Gross margin improved to 27% in Q2 2025 (17% Q2 2024); H1 2025: 30% (18% H1 2024).

  • Result per share Q2 2025: -0.05 SEK (-0.12); H1 2025: -0.08 SEK (-0.21).

Outlook and guidance

  • Medium-term target: 100 MSEK in rolling 12-month sales with 15–20% positive EBIT margin within 12–18 months.

  • Continued focus on expanding in Germany, Europe, and foodservice, with new product launches planned.

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