Arla Plast (ARPL) Q2 2026 earnings summary

Executive summary

• Q2 2026 net sales declined 7% year-over-year to 366.7 MSEK, with organic/comparable segment sales down 15%.

• Operating profit for Q2 2026 fell 33% to 26.6 MSEK, with margin dropping to 7.3%.

• Gross margin remained resilient despite lower volumes and volatile raw material prices, supported by the Aikolon Oy acquisition.

• Negative cash flow resulted from increased working capital, higher inventories, and raw material costs.

• Net profit for Q2 2026 was 21.3 MSEK, a 32% decrease year-over-year.

Financial highlights

• Q2 2026 net sales: 366.7 MSEK (down 7% year-over-year); operating profit: 26.6 MSEK (down 33%).

• H1 2026 revenue: 692.2 MSEK (down 12%); H1 operating profit: 46.0 MSEK (down 33%).

• H1 net profit: 36.4 MSEK (down 30%); EPS: 1.73 SEK (down from 2.47 SEK).

• Gross margin for Q2: 22.9% (down from 23.8%).

• Cash flow from operations for H1: -5.2 MSEK (down from 74.5 MSEK last year).

Outlook and guidance

• Market remains hesitant with turbulent raw material prices and global capacity adjustments.

• Ongoing restructuring in Finland and investments in production efficiency and quality continue.

• Increased demand for high-optical products noted at quarter end.

• Market uncertainty and supply chain risks persist.