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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.
Honkarakenne
Honkarakenne (HONBS) investor relations material
Honkarakenne H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary26 Aug, 2026
Executive summary
Net sales for H1 2026 decreased by 5% year-over-year to EUR 15.8 million, with operational EBIT improving to EUR -2.2 million from EUR -2.8 million.
Order book grew 28% year-over-year to EUR 33.6 million, reflecting strong domestic demand and project business.
CEO transition occurred, with Magnus Hindström appointed in April and starting in August 2026.
Profitability program and cost adjustments underway to address structural challenges and improve earnings.
Financial highlights
Operational EBIT (excluding non-recurring items) was EUR -2.2 million, up from EUR -2.8 million year-over-year.
Profit before taxes was EUR -2.4 million (H1 2025: -2.9 million).
Earnings per share was EUR -0.40 (H1 2025: -0.39).
Equity ratio declined to 41.7% from 52.3% year-over-year.
Net financial liabilities increased to EUR 2.2 million from EUR -0.8 million.
Outlook and guidance
Net sales and operational profit for 2026 are expected to exceed 2025 levels, with timing of large deliveries (e.g., OnWood) impacting results.
Focus areas for H2 2026 include cost structure adjustment, cash flow strengthening, and export/B2B growth.
No detailed numerical guidance provided.
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Latest events from Honkarakenne
- Revenue surged 32% and orders hit a record, but rising input costs pressured margins.HONBS
H2 2021 - Finland growth lifted sales, but Russia’s exit and softer demand cloud the 2023 outlook. citeturn0search0HONBSH2 2022
- Sales fell 37%; FY24 guidance sees €43–50m sales and operating profit up to €0.5m.HONBSH2 2023
- Net sales rose slightly, but profitability declined; order book and 2026 outlook improved.HONBSH2 2025
- Net sales up 15% year-over-year, but profitability remains negative amid market challenges.HONBSH1 2025
- Net sales dropped 37% and operating profit turned negative, but the order book rebounded 44%.HONBSH1 2024
- Net sales declined sharply but order book and financial position remain robust for 2025.HONBSH2 2024
Next Honkarakenne earnings date
H2 202611 Feb, 2027
Honkarakenne
Next Honkarakenne earnings date
H2 202611 Feb, 2027
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Frequently asked questions
Honkarakenne Oyj is a Finnish company specializing in the design, manufacturing, and sale of log houses and wooden structures. The company produces residential homes, holiday cabins, and public buildings using sustainable timber construction techniques. Honkarakenne focuses on eco-friendly and energy-efficient building solutions, catering to domestic and international markets. Its offerings include customizable designs for private customers, developers, and commercial projects. The company is headquartered in Karstula, Finland, and its shares are listed on the Nasdaq Helsinki.