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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.
Grigeo
Grigeo (GRG1L) investor relations material
Grigeo Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary25 Aug, 2026
Executive summary
Revenue rose by EUR 38.5 million (33%) year-over-year for the six months ended 30 June 2026, reaching EUR 155.2 million.
EBITDA declined by EUR 1.5 million (10%) to EUR 14.2 million, and profit before tax (EBT) fell by EUR 2.6 million (27%) to EUR 7.1 million.
Growth in the tissue paper segment was driven by the acquisition of Huchtemeier Papier GmbH, while profitability was impacted by rising energy costs.
Financial highlights
Net profit for the period was EUR 6.3 million, down from EUR 9.1 million year-over-year.
Gross margin decreased to 18.2% from 21.0% year-over-year.
Adjusted EBITDA for the period was EUR 14.2 million, compared to EUR 15.8 million in the prior year.
Earnings per share were EUR 0.047, down from EUR 0.069 year-over-year.
Dividends paid during the period totaled EUR 6.6 million.
Outlook and guidance
The tissue paper segment is expected to continue benefiting from the integration of Huchtemeier Papier GmbH.
Ongoing market challenges and high energy prices are anticipated to pressure margins across segments.
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Latest events from Grigeo
- Revenue surged 31% but profit margins and net profit declined amid rising costs and legal risks.GRG1L
Q1 2026 - Revenue up 16% YoY, but profit and margins fell; expansion and legal risks remain.GRG1LQ4 2025
- Revenue up 9% but margins and net profit declined amid legal and geopolitical risks.GRG1LQ3 2025
- Revenue up 12% but profit and margins down; EUR 106m tissue investment planned.GRG1LQ2 2025
- Revenue up, but profit and margins down; legal and geopolitical risks remain elevated.GRG1LQ3 2024
- EBITDA and net profit fell despite revenue growth, with margin pressure and legal risks ongoing.GRG1LQ2 2024
- Revenue up 22% but margins and profit before tax declined amid ongoing legal risks.GRG1LQ1 2025
- Revenue up 9% but profit down 13% amid margin pressure and legal risks.GRG1LQ4 2024
Next Grigeo earnings date
Q3 202624 Nov, 2026
Grigeo
Next Grigeo earnings date
Q3 202624 Nov, 2026
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Frequently asked questions
Grigeo AB is a Lithuanian company primarily engaged in the paper and wood processing industries. The company operates through three key segments: Paper and Paper Products, Wood Hardboards and Wood Products, and Raw Material for Corrugated Cardboard. It produces a variety of products, including napkins, tissues, paper towels, toilet and cleaning papers, and wiping papers. Additionally, Grigeo AB manufactures raw materials for corrugated cardboard, honeycomb paper cores used in the furniture, automotive, and construction industries, as well as hardboards for furniture and construction applications. The company is also involved in wood processing and recycling activities, and it exports its products internationally. Grigeo AB is headquartered in Vilnius, Lithuania, and its shares are listed on the Nasdaq Vilnius.