DistIT (DIST) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was 223.0 MSEK, down 10.9% year-over-year, with gross margin at 24.3% (24.6%).

• EBITA was -2.5 MSEK (-2.4), and net result was -6.1 MSEK (-9.6), with EPS at -0.01 SEK (-0.34).

• The group completed a consolidation strategy, now consisting of Aurdel (incl. Deltaco Baltics), EFUEL, and Tight AV.

• Septon segment was divested in Q2 2025 and is now reported as discontinued operations.

Financial highlights

• Revenue excluding currency effects was 220.9 MSEK (239.8).

• Own brands (EMV) accounted for 89.0 MSEK (111.5), or 40.3% (46.9%) of sales.

• Cash flow from operations was -18.2 MSEK (-34.7).

• Cash and equivalents at quarter-end were 50.9 MSEK (70.0 at Dec 31, 2025).

• Interest-bearing net debt, including leases, was 152.5 MSEK (123.1 at Dec 31, 2025).

Outlook and guidance

• Management expects improved market conditions and growth in the second half of 2026.

• Continued focus on cost control, product innovation, and increased availability for own brands.