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Umida (UMIDA) investor relations material
Umida Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 2026 marked a strategic shift with the divestment of most alcohol brands, focusing on non-alcoholic products in retail.
Net sales excluding excise taxes fell 14.8% year-over-year to 19,861 KSEK, mainly due to lower Joluca and Ekobryggeriet sales.
EBITDA surged to 7,578 KSEK, driven by a 12 MSEK one-time gain from the alcohol portfolio sale.
Result after tax improved to 6,278 KSEK from -1,008 KSEK year-over-year.
Financial highlights
Net sales (excl. excise): 19,861 KSEK in Q2 2026, down 14.8% year-over-year; H1 2026: 35,008 KSEK, down 15.2%.
Gross profit: 5,650 KSEK in Q2 (down 3,367 KSEK); gross margin 28.4% (down from 38.7%).
EBITDA: 7,578 KSEK in Q2 (up 6,926 KSEK); H1: 8,348 KSEK (up 7,028 KSEK).
Operating income: 6,547 KSEK in Q2 (up 6,951 KSEK); H1: 6,265 KSEK.
Cash flow from operations: -1,140 KSEK in Q2 (improved by 437 KSEK); H1: -4,298 KSEK.
Cash and equivalents: 9,940 KSEK as of June 30, 2026.
Outlook and guidance
Ongoing transformation to a focused, cost-efficient, non-alcoholic beverage company.
Further cost reductions and portfolio streamlining expected in H2 2026.
Positive operating cash flow targeted for 2027, not before.
Actively seeking acquisitions to accelerate growth in retail.
- Net sales declined 15.8% YoY, but EBITDA improved and Joluca drives growth in Sweden.UMIDA
Q1 2026 - Gross margin improved but sales and profit declined; focus shifts to growth and diversification in 2026.UMIDA
Q4 2025 - Q3 sales fell 24.6% and EBITDA turned negative, but Joluca's growth and expansion continue.UMIDA
Q3 2025 - Sales up 45% in Q2, gross margin at 39%, and Joluca drives growth with new launches.UMIDA
Q2 2025 - Joluca's launch fueled 34% sales growth and record margins, shifting sales to grocery/wholesale.UMIDA
Q3 2024 - Q2 sales fell 25% but gross margin rose to 27%; Joluca drinks set for strong H2 growth.UMIDA
Q2 2024 - Record Q1 sales and margin growth set the stage for further expansion at Umida Group.UMIDA
Q1 2025 - Record 2024 for Umida: strong Joluca growth, margin gains, and return to profitability.UMIDA
Q4 2024
Next Umida earnings date
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