Able C&C (078520) Q1 2026 earnings summary

Executive summary

• Achieved 10.2% year-over-year revenue growth in Q1 2026, driven by global market expansion and strategic channel restructuring.

• Operating profit surged 91.1% year-over-year, with operating margin improving by 6.5 percentage points to 15.4%.

• Operates as a global multi-brand beauty company present in 56 countries, focusing on K-Beauty and leveraging both subsidiaries and distributor partnerships.

• Domestic business is robust in H&B stores and trendy online platforms, targeting MZ and Gen Z consumers.

• Emphasizes ESG management, sustainable product development, and environmental responsibility.

Financial highlights

• Q1 2026 revenue reached 61,368 million KRW, up from 55,697 million KRW in Q1 2025.

• Operating profit rose to 9,424 million KRW, a 91.1% increase year-over-year.

• Net income nearly doubled to 8,921 million KRW, up 96.1% year-over-year.

• Gross margin improved to 58.1% from 54.4% year-over-year.

• Basic EPS: KRW 360 (Q1 2025: KRW 175).

Outlook and guidance

• Continued focus on expanding global channels, especially in the US, Europe, and emerging markets.

• Ongoing investment in digital commerce and new product launches to sustain growth momentum.

• No new business segments planned; focus remains on global expansion and digital channel growth.

• Continued investment in ESG and sustainable product innovation.