Bokusgruppen (BOKUS) Q3 2026 earnings summary

Executive summary

• Best-ever Q3: revenue rose 10.5% YoY to SEK 530.5m and EBITA increased to SEK 37.1m; gross margin declined to 44.7%.

• Akademibokhandeln grew strongly in stores and online; Bokus sales rose, mainly from Pen Store, but segment profitability declined.

Financial highlights

• Q3 gross profit rose 6.4% to SEK 237.3m; net income was SEK 14.1m vs. SEK 13.6m YoY. EBITDA was SEK 77.2m vs. SEK 75.2m, and EBIT was SEK 24.9m vs. SEK 24.1m.

• Jan-Sep revenue rose 4.0% to SEK 1,449.6m; EBITA fell SEK 6.0m to SEK 34.7m and net loss widened to SEK 13.9m from SEK 12.5m.

• Diluted EPS was SEK 0.87 in Q3 vs. SEK 0.83; Jan-Sep diluted EPS was -SEK 0.85 vs. -SEK 0.76.

Outlook and guidance

• Q4 is the key seasonal quarter, with most full-year results expected during Christmas trading; preparations are underway.

• Priorities include sustaining Akademibokhandeln’s momentum, improving Bokus consumer sales, capturing BTJ logistics savings and leveraging Pen Store.

• Long-term targets: 4.0% average annual revenue growth, 8.0% EBITA margin and 35% ROCE; rolling 12-month outcomes were 4.5%, 6.9% and 38.0%, respectively.

• Planned openings include Akademibokhandeln in Valbo and Pen Store at NK in Q4, plus Akademibokhandeln in Hagastaden in early 2027.