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New Nordic Healthbrands (NNH) investor relations material
New Nordic Healthbrands Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q2 2026 rose 14.5% year-over-year to SEK 163.8 million, with organic growth of 16.3%.
Q2 marked record revenue, driven by strong distributor performance in Asia, and solid growth in the Nordics and US.
New product launches under Hair Volume™, Magic Magnesium™, and Longevity lines contributed to sales growth.
Retailers in several countries are reducing inventories amid liquidity challenges, but direct-to-consumer initiatives are underway.
Financial highlights
Q2 gross margin declined to 63.5% (from 64.8%), but gross profit increased to SEK 104.1 million.
Operating profit (EBIT) for Q2 improved to SEK 9.0 million (from SEK 3.8 million); net profit rose to SEK 7.3 million (from SEK 2.1 million).
For H1 2026, net sales increased 3.3% to SEK 296.2 million; net profit was SEK 4.4 million (down from SEK 4.8 million).
Cash flow from operating activities in Q2 was SEK 5.3 million; H1 cash flow from operations was negative SEK 5.7 million.
Outlook and guidance
Management expects improved performance in Europe and Canada in H2 2026, with continued focus on organic growth and operational efficiency.
New distribution partnerships in South Korea and Mexico are anticipated in H2 2026.
Commercial sales of New Nordic Extracts are expected to contribute positively to earnings from 2027.
- Sales growth strong outside Nordics, but margins and profits pressured by costs and investments.NNH
Q2 2024 - Q1 2026 saw a 7.9% sales decline and a net loss, but growth in the Nordics and Rest of World.NNH
Q1 2026 - Revenue and profitability improved, driven by product launches and strong European growth.NNH
Q4 2025 - Strong sales growth and improved profitability, led by Europe and new product launches.NNH
Q3 2025 - Sales and earnings rebounded, led by Europe, while Nordics and Rest of World declined.NNH
Q2 2025 - Sales up year-to-date, but Q3 profit fell; margin recovery expected as markets stabilize.NNH
Q3 2024 - Strong sales growth and margin improvement, but outlook clouded by tariff risks.NNH
Q1 2025 - Q4 profit returned on 3.1% annual sales growth, with 2025 outlook positive.NNH
Q4 2024
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