Sweden's Karnell Q2 net sales rise on acquisitions

Karnell AB (publ)

17/07/2026 06:09

Overview
Sweden industrial technology group's Q2 net sales rose 35.6% with 17.4% organic growth
Q2 EBITA margin reached 17.1%, exceeding company’s long-term target for first time
Company completed acquisition of UK-based flex7 Ltd during the quarter

Outlook
Company says current market conditions remain mixed
Karnell says it is well positioned to pursue organic growth and acquisitions

Result Drivers
ORGANIC GROWTH - Co said broad-based organic growth contributed 17.4% to Q2 net sales increase
ACQUISITIONS - Acquisitions, including UK-based flex7 Ltd, contributed 19.1% to Q2 sales growth
MARGIN IMPROVEMENT - Higher EBITA margin driven by strong performance across group companies and cost discipline

Company press release: ID:nMFN2bgzZK

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Sales
 
SEK 584.50 mln
 
Q2 Cash Flow from Operating activities
 
SEK 62 mln
 
Q2 EBITA
 
SEK 100 mln
 
Q2 Operating Income
 
SEK 87.70 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.)