FM Mattsson Mora Group (FMM-B) Q2 2026 earnings summary

Executive summary

• Achieved strong organic growth and significantly improved margins in Q2 2026, with net sales up 10.2% year-over-year and EBITA margin rising to 15.3% from 8.9%.

• Completed the acquisition of Bristan Group Limited after the quarter, establishing market leadership in the UK.

• Growth was broad-based, driven by both private and professional renovation projects in the Nordics and internationally, with new product series contributing positively.

Financial highlights

• Q2 2026 net sales: 554.7 Mkr (up 10.2% YoY); organic growth 10.6%.

• Q2 EBITA: 84.6 Mkr (44.8), EBITA margin 15.3% (8.9%). Adjusted EBITA: 85.3 Mkr, margin 15.4%.

• H1 2026 net sales: 1,099.6 Mkr (up 7.1% YoY); organic growth 9.1%.

• H1 EBITA: 133.4 Mkr (102.9), EBITA margin 12.1% (10.0%). Adjusted EBITA: 158.4 Mkr, margin 14.4%.

• Earnings per share H1: 2.24 SEK (1.64).

• Cash flow after investments H1: 89.5 Mkr (73.0).

Outlook and guidance

• No formal forecast for 2026 provided.

• Continued focus on cost efficiency and leveraging the Bristan acquisition for further growth and operational synergies.