TKM Grupp (TKM1T) Q2 2026 earnings summary

Executive summary

• Sales revenue for Q2 2026 rose 9.6% year-over-year to €255.2m; H1 2026 revenue up 8.0% to €483.6m.

• Net profit for H1 2026 reached €1.4m, up from €0.1m in H1 2025, aided by lower income tax expense.

• Car segment was the main growth driver, with significant revenue and profit increases; supermarket and department store segments saw declines.

• Major investments included acquisitions in the car segment and store renovations focused on energy efficiency.

Financial highlights

• Q2 2026 EBITDA was €19.9m (down 0.5% YoY); H1 2026 EBITDA €35.1m (up 1.9% YoY).

• Q2 2026 net profit was €6.2m (down 7.3% YoY); H1 2026 net profit €1.4m (up 1531.8% YoY).

• Gross margin for H1 2026 was 26.24% (down from 27.41% YoY).

• Earnings per share for H1 2026 was €0.04 (up from €0.00 YoY).

• Total assets at 30 June 2026 were €704.0m, up 2.7% from year-end 2025.

Outlook and guidance

• Continued investments planned in supermarket network and operational efficiency.

• New store openings and further energy efficiency upgrades scheduled for H2 2026.

• Car segment to focus on expanding electric vehicle offerings and optimizing Baltic-wide operations.