Vilniaus Baldai (VBL1L) Q1 2026 earnings summary

Executive summary

• Revenue for the first quarter of FY2026 reached €29,769 thousand, up from €28,270 thousand year-over-year.

• Net profit for the period was €1,332 thousand, a significant decrease from €3,511 thousand in the same quarter last year.

• EBITDA (excluding IFRS 16) was €2,796 thousand, down from €5,111 thousand year-over-year.

Financial highlights

• Gross profit declined to €3,113 thousand from €5,908 thousand year-over-year.

• Earnings per share dropped to €0.34 from €0.90 in the prior year quarter.

• Total assets stood at €83,120 thousand as of November 30, 2025.

• Cash and cash equivalents decreased to €76 thousand from €355 thousand year-over-year.

Outlook and guidance

• Investor calendar for FY2026 and convocation of the general shareholders meeting were published in December 2025.