Sweden's Desenio Q2 net sales fall, adjusted EBITA margin negative
Sweden's Desenio Q2 net sales fall, adjusted EBITA margin negative
Overview
Sweden e-commerce art retailer's Q2 net sales fell 7.1% yr/yr
Adjusted EBITA margin for Q2 turned negative at -2.4%
Company reiterated 2026 guidance for organic sales growth and low double-digit EBITDA margin
Outlook
Desenio reiterates 2026 guidance for organic net sales growth at constant exchange rates
Company expects 2026 EBITDA margin in the low double digits
Result Drivers
SALES DECLINE - Co reported 7.1% drop in Q2 net sales but did not specify reasons for the decline
Company press release: ID:nMFN6bQVdF
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales |
| SEK 136.9 mln |
|
Q2 Gross Margin |
| 83.2% |
|
Q2 Adjusted EBITA |
| -SEK 3.30 mln |
|
Q2 Adjusted EBITA Margin |
| -2.4% |
|
Q2 EBIT |
| -SEK 3.5 mln |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)