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Edge10 Jul 2026
Inside Take-Two: The Grand Anticipation
The story of how Take-Two Interactive built the empire behind Grand Theft Auto, Red Dead Redemption, and one of gaming's largest mobile portfolios.
Tulikivi
Tulikivi (TULAV) investor relations material
Tulikivi Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Aug, 2026
Executive summary
Net sales for H1 2026 were EUR 13.5 million, down 7.5% year-over-year; Q2 net sales were EUR 7.2 million, down 15.5% from Q2 2025.
Comparable operating profit for H1 was EUR -1.0 million (H1 2025: EUR -0.2 million); Q2 comparable operating profit was EUR -0.2 million (Q2 2025: EUR 0.5 million).
Strategic projects advanced, including the Suomussalmi talc project and expansion of the Jero fireplace and Kevo sauna heater collections.
Market share grew in Central Europe, but weak demand and low consumer confidence impacted overall sales.
Financial highlights
Operating profit for H1 was EUR -1.2 million (H1 2025: EUR -0.2 million); Q2 operating profit was EUR -0.4 million (Q2 2025: EUR 0.5 million).
Profit before tax for H1 was EUR -1.6 million (H1 2025: EUR -0.6 million); Q2 profit before tax was EUR -0.6 million (Q2 2025: EUR 0.3 million).
Earnings per share for H1 was EUR -0.03 (H1 2025: EUR -0.01).
Net cash flow from operating activities was EUR -0.5 million (H1 2025: EUR 0.4 million).
Order book at period end was EUR 3.2 million (H1 2025: EUR 4.0 million).
Outlook and guidance
Net sales in 2026 are expected to increase and comparable operating profit to improve on 2025.
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Latest events from Tulikivi
- Net sales rose 3.8% but losses widened; strategic projects and outlook remain positive.TULAV
Q1 2026 - Net sales fell 11.4% to EUR 29.5 million, with a small operating loss and improved outlook for 2026.TULAVQ4 2025
- Sales and profit fell amid weak demand, but strategic projects and new products progressed.TULAVQ3 2025
- Sales and profit fell, but order intake and strategic projects progressed; outlook is positive.TULAVQ2 2025
- Net sales and profits fell significantly, prompting a downward revision of 2024 guidance.TULAVQ3 2024
- Net sales and profits fell, but cost control and exports supported satisfactory profitability.TULAVQ2 2024
- Net sales fell 28.6% in Q1 2025, but order flow and strategic initiatives showed resilience.TULAVQ1 2025
- 2024 saw lower sales and profit but a stronger balance sheet and positive 2025 outlook.TULAVQ4 2024
Next Tulikivi earnings date
Q3 20266 Nov, 2026
Tulikivi
Next Tulikivi earnings date
Q3 20266 Nov, 2026
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