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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Wetteri
Wetteri (WETTERI) investor relations material
Wetteri Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary20 Aug, 2026
Executive summary
Revenue for H1 2026 was €217.2M, down 3% year-over-year, with Q2 revenue stable at €109.4M as the market improved.
Adjusted operating profit for H1 2026 was -€4.5M, a 59% decline from H1 2025, mainly due to tight used car market conditions, intense competition, and timing of new car deliveries.
Cost-saving measures targeting €7.3M in annual savings were implemented, including organizational restructuring, personnel reductions, and network optimization.
New car order backlog reached a record €70.3M, up 87% year-over-year, positioning for stronger H2 results.
CEO Aarne Simula returned in June 2026, with renewed focus on passenger cars and operational efficiency.
Financial highlights
H1 2026 revenue: €217.2M (H1 2025: €224.5M), -3% year-over-year.
Adjusted operating profit: -€4.5M (H1 2025: -€2.8M), -59% year-over-year.
Operating cash flow: €7.5M in H1 2026.
Inventory turnover improved by 21% over the past 12 months; inventories reduced by €11.9M year-over-year.
Interest-bearing debt decreased by €22.0M over the past 12 months; net debt at period end was €80.9M, down 21% year-over-year.
Outlook and guidance
Revenue and adjusted operating profit are expected to grow and turn positive for the full year 2026.
Strong new car order backlog, market recovery, and efficiency actions support a positive outlook for H2 2026.
Cost-saving measures targeting €7.3M in annual savings have been implemented.
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Latest events from Wetteri
- New car order backlog up 39%, revenue down 7%, outlook positive for 2026.WETTERI
Q1 2026 - Stable revenue and improved net profit in 2025 set the stage for growth in 2026.WETTERIQ4 2025
- Profitability turnaround, 10%+ growth, and doubled used car sales drive digital expansion.WETTERICMD 2025
- Q3 2025 revenue rose 5%, but non-recurring costs led to an operating loss; debt and equity ratio improved.WETTERIQ3 2025
- Revenue and profitability declined, but net profit improved and turnaround actions are underway.WETTERIQ2 2025
- 30% revenue growth and major divestment position for future expansion despite weak profitability.WETTERIQ3 2024
- Revenue up 42% in H1 2024, but profitability fell and loan covenant breaches occurred.WETTERIQ2 2024
- Net profit reached €10.9 million from a divestment gain, despite weak core operations.WETTERIQ1 2025
- Revenue up 16% in 2024, but profitability fell; 2025 outlook targets recovery.WETTERIQ4 2024
Next Wetteri earnings date
Q3 202624 Nov, 2026
Wetteri
Next Wetteri earnings date
Q3 202624 Nov, 2026
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Frequently asked questions
Wetteri Oyj is a Finland-based company engaged in the automotive retail and services sector. The company operates a network of car dealerships offering new and used vehicles from multiple brands, along with related services such as financing, leasing, maintenance, and repair. Wetteri also provides spare parts and accessories, supporting both individual consumers and corporate clients. Its operations cover various regions across Finland, combining in-person and digital sales channels. The company is headquartered in Oulu, Finland, and its shares are listed on the NASDAQ OMX Helsinki.