Salix Group (SALIX) Q2 2026 earnings summary

Executive summary

• Listed on Nasdaq Stockholm as of June 15, 2026, marking a significant milestone and incurring extraordinary IPO-related costs.

• Achieved strong top-line and EBITA growth in Q2 2026, driven by both organic development and acquisitions, including the expansion into Ireland through the acquisition of Laydex.

• Positive momentum observed in DIY and agroforestry segments, with improving trends in other areas.

• Profit for the period was SEK 63 million, and earnings per share were SEK 0.76.

Financial highlights

• Q2 2026 net sales reached SEK 1,337 million, up 20% year-over-year, with 7% organic growth.

• EBITA for Q2 was SEK 121 million (9% growth); adjusted EBITA excluding extraordinary costs was SEK 181 million (51% growth), with an adjusted margin of 14%.

• Last 12 months sales totaled SEK 4,371 million, with EBITA at SEK 421 million and a CAGR of 14%.

• Gross margin improved to 35% from 32% year-over-year, mainly due to strategic pricing and favorable currency effects.

• Operating cash flow for Q2 was SEK 158 million, with cash conversion at 125%.

Outlook and guidance

• Positive momentum and continued profitable growth expected, leveraging both organic initiatives and acquisitions.

• Net debt/EBITDA expected to decrease in the second half of the year due to seasonality and earnings momentum.

• Ambition to deliver a CAGR above 15% including acquisitions, with an EBITA margin target of at least 12%.