Rebl Group (REBL) Q2 2026 earnings summary

Executive summary

• Operating profit improved despite a slight decrease in revenue in Q2 2026 compared to the previous year.

• Revenue for H1 2026 grew 2.4% year-over-year to €53.2 million.

• Profitability improved due to cost efficiency measures and portfolio renewal.

• Market environment remained challenging, with cautious customer decision-making and slow project starts.

Financial highlights

• Q2 2026 revenue decreased 0.9% to €26.7 million; EBITDA rose to €1.6 million from €0.9 million.

• Q2 operating profit was -€0.8 million (improved from -€1.2 million); pre-tax profit -€0.7 million.

• H1 2026 operating profit was -€1.9 million (improved from -€3.6 million); pre-tax profit -€1.1 million.

• H1 net cash flow from operations was €2.4 million (up from €1.8 million).

• EPS for H1 was -€0.06 (improved from -€0.25).

Outlook and guidance

• Revenue for 2026 expected to remain at 2025 levels; operating profit to improve from 2025 (-€4.0 million in 2025).

• Market recovery in Finland and Europe is slow; stronger growth expected in 2027.

• Print business demand expected to decline, visibility business to grow, digital business to improve slightly.