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Edge1 May 2026
Making the Marlboro Man
The story of Marlboro's transformation from a women's cigarette to a global icon: one of the most effective brand repositionings in history.
Rebl Group
Rebl Group (REBL) investor relations material
Rebl Group Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary24 Apr, 2026
Executive summary
Revenue grew 5.9% year-over-year to €26.5 million in Q1 2026, with positive development in all business segments.
EBITDA improved to €1.3 million from -€0.2 million, and operating result improved to -€1.1 million from -€2.4 million.
Net cash flow from operations was -€0.8 million, down from €0.8 million in the prior year.
Equity ratio strengthened to 47.8% from 39.9% year-over-year.
Workforce reduced to 608 employees from 661 a year earlier.
Financial highlights
Revenue: €26.5M (up 5.9% YoY); EBITDA: €1.3M (vs. -€0.2M); Operating result: -€1.1M (vs. -€2.4M); Pre-tax result: -€0.4M (vs. -€1.4M).
Net cash flow from operations: -€0.8M (vs. €0.8M); Investments: €0.9M (3.4% of revenue, down from 8.5%).
Interest-bearing debt: €32.4M (down from €39.6M); Financial assets at fair value: €12.6M (up from €10.8M).
EPS: -€0.01 (vs. -€0.10); Return on invested capital before tax: 0.1% (vs. -1.1%).
Outlook and guidance
Revenue and operating result expected to improve in 2026 compared to 2025, assuming moderate economic growth in Finland.
Demand in print expected to slightly decline, visibility business to remain strong, and digital to improve.
Guidance maintained: revenue to grow and operating result to improve from 2025 (€108.4M revenue, -€4.0M operating result).
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Latest events from Rebl Group
- 2025 saw a revenue decline but Q4 recovery, with 2026 expected to bring improved profitability.REBL
Q4 202527 Feb 2026 - Revenue and profit declined, but restructuring aims to improve results in 2026.REBLQ3 202524 Oct 2025
- Revenue and profitability declined in H1 2025; cost-saving actions target 2026 improvement.REBLQ2 202522 Aug 2025
- 10.71% price return in Q1 2025, with strong liquidity and internet brokers leading trades.REBLQ1 202524 Jun 2025
- Q3 revenue flat, profitability pressured, media divestment boosts balance sheet.REBLQ3 202413 Jun 2025
- Q2 profit turned positive on media business sale; H2 outlook optimistic despite market risks.REBLQ2 202413 Jun 2025
- Q3 revenue steady, digital demand weak, media sale boosts one-time gains; 2024 outlook cautious.REBLQ4 20246 Jun 2025
Next Rebl Group earnings date
Q2 202621 Aug, 2026
Rebl Group
Next Rebl Group earnings date
Q2 202621 Aug, 2026
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