Scandbook (SBOK) Q2 2026 earnings summary

Executive summary

• Net sales for Q2 2026 increased by 38.7% year-over-year to 151.7 MSEK, mainly due to acquisitions.

• EBITDA rose to 17.1 MSEK from 10.6 MSEK, and EBIT to 9.9 MSEK from 5.2 MSEK, reflecting improved operational performance.

• Net income for Q2 was 7.8 MSEK, up from 4.1 MSEK, with EPS at 1.16 SEK (0.61 SEK).

• Integration of Nørhaven Book A/S progressed as planned, focusing on harmonizing sales and production across Denmark, Sweden, and Lithuania.

• The company maintained a strategic focus on expanding in Germany, UK, Benelux, and other markets.

Financial highlights

• H1 2026 net sales reached 303.9 MSEK, up 34.5% year-over-year.

• H1 EBITDA was 32.7 MSEK (24.6 MSEK), EBIT 18.4 MSEK (13.8 MSEK), and net income 14.0 MSEK (11.2 MSEK).

• EPS for H1 was 2.08 SEK (1.66 SEK).

• Net debt at period end was 64.1 MSEK, compared to a net cash position of -29.1 MSEK a year earlier.

• Cash flow for H1 was 12.5 MSEK (–7.2 MSEK), with a cash balance of 47.5 MSEK.

• Dividend of 18.6 MSEK paid to shareholders.

Outlook and guidance

• Despite continued geopolitical and macroeconomic uncertainty, the company expects its expanded geographic presence and diversified production platform to support ongoing development.

• No significant events occurred after the reporting period.