Sweden's Polygiene Q2 sales flat amid challenging markets

Polygiene AB

23/07/2026 07:15

    

    Overview
  
Sweden ingredient tech firm's Q2 net sales were flat yr/yr amid challenging markets
Gross margin rose to 71% from 63%, aided by currency effects
Company returned to positive EBITDA and EBIT after prior-year losses

    

    Outlook
  
Company did not provide specific guidance for future quarters or the full year in its press release

    

    Result Drivers
  
CHALLENGING MARKETS - Co said market conditions remained challenging across end markets, resulting in flat sales yr/yr
CURRENCY EFFECTS - Gross margin improvement included a 2% positive impact from currency effects

    
Company press release: ID:nMFN7BQqvl

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
 
SEK 32.10 mln
 
Q2 Gross Margin
 
71.00%
 
Q2 EBIT
 
SEK 1.60 mln
 
Q2 EBITDA
 
SEK 3 mln
 

    

    Analyst Coverage
  
Wall Street's median 12-month price target for Polygiene Group AB is SEK22.00, about 340.9% above its July 22 closing price of SEK4.99
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 8 three months ago

    

    Reuters Recommended Reads
  
July 23 - Sweden's Mentice Q2 sales rise, EBITDA turns positive on strategic initiatives
July 21 - Sweden's Embellence Q2 sales fall on weak traditional retail
July 23 - Givaudan's organic sales top market estimates on fragrance strength

    
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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.)