Sweden's Duni Q2 sales fall on logistics disruptions

Duni AB

14/07/2026 06:57

Overview
Sweden tableware and packaging maker's Q2 net sales fell 3.2% yr/yr amid logistics transition
Q2 operating income dropped, hit by lower sales and higher logistics-related costs
EPS turned negative in Q2 as disruptions weighed on results

Outlook
Company expects financial impact from logistics disruptions to be significantly lower in Q3
Duni Group prioritizes stabilizing delivery capability and strengthening operational stability
Company expects annual cost savings of SEK 30 mln in sales and administration from Q4

Result Drivers
LOGISTICS DISRUPTIONS - Limited delivery capacity during logistics transition led to lost sales and higher costs, per CEO Robert Dackeskog
RESTRUCTURING AND WAREHOUSE COSTS - Operating income was negatively impacted by restructuring costs and costs for unused warehouse space
WEAK MIDDLE EAST DEMAND - Sales in the Middle East were particularly weak due to geopolitical factors affecting travel and tourism

Company press release: ID:nWkr3Xbj3n

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
SEK 1.82 bln
 
Q2 EPS
 
-SEK 0.44
 
Q2 Operating income
 
SEK 65 mln
 

Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the appliances, tools & housewares peer group is "buy."
Wall Street's median 12-month price target for Duni AB is SEK95.00, about 24.5% above its July 13 closing price of SEK76.30
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)