KABE Group (KABE) investor relations material

Executive summary

• Net sales for January–June 2026 increased to 1,910 MSEK from 1,830 MSEK year-over-year, with operating profit rising to 139 MSEK from 73 MSEK and net profit to 120 MSEK from 62 MSEK.

• Operating margin improved to 7.3% (4.0%), and EPS rose to 13.33 SEK (6.89 SEK).

• Cash flow from operations strengthened to 343 MSEK (180 MSEK), and liquidity position improved significantly.

• Nordic markets outperformed other European regions, supporting overall growth.

Financial highlights

• Net sales up 4% year-over-year to 1,910 MSEK for H1 2026.

• Operating profit rose to 139 MSEK (73 MSEK), with positive currency effects of 9 MSEK.

• Net profit reached 120 MSEK (62 MSEK), and result after financial items was 152 MSEK (79 MSEK).

• Cash flow from operations more than doubled to 343 MSEK (180 MSEK).

• Solid equity ratio at 64.9% (67.5%).

Outlook and guidance

• Continued focus on reducing inventory levels and adapting production to market demand.

• Broader product portfolio and increased international presence reduce exposure to single markets.

• Stable financial position and innovation support readiness for future market needs.

• Long-term trends for sustainable travel expected to strengthen, with sales seen rising as economic conditions improve.