DistIT (DIST) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 increased by 15.5% year-over-year to 227.5 MSEK, with gross margin rising to 23.2% from 11.2%.

• EBITA improved to -5.5 MSEK from -45.1 MSEK in Q2 2025; net result was -12.2 MSEK versus -53.8 MSEK last year.

• For H1 2026, revenue grew 0.7% to 450.5 MSEK, gross margin reached 23.7% (up from 18.7%), and EBITA was -8.1 MSEK (vs. -47.6 MSEK).

• The group completed the divestment of the last Septon brand (Tight AV) and continued structural consolidation.

Financial highlights

• Q2 revenue: 227.5 MSEK (197.1), gross margin: 23.2% (11.2), EBITA: -5.5 MSEK (-45.1), net result: -12.2 MSEK (-53.8).

• H1 revenue: 450.5 MSEK (447.4), gross margin: 23.7% (18.7), EBITA: -8.1 MSEK (-47.6), net result: -18.3 MSEK (-63.5).

• Cash flow from operations in H1: -26.8 MSEK (-58.7); cash and equivalents at period end: 45.7 MSEK.

• Räntebärande nettoskuld at period end: 153.8 MSEK (277.4).

Outlook and guidance

• Management expects continued gradual improvements in profitability, driven by process enhancements and a stronger product mix.

• Anticipates stronger performance in Q3 and Q4, especially for EFUEL and new own-brand product launches.