Denmark's Royal Unibrew Q2 revenue slightly beats; DKK 300 mln buyback launched

Royal Unibrew A/S

17/08/2026 16:24

Overview
Denmark beverage producer's Q2 revenue slightly beat analyst expectations, EBIT missed estimates
Company launched new DKK 300 mln share buy-back program, completed previous buy-back
Full-year 2026 outlook reiterated, organic EBIT growth expected in 6-10% range

Outlook
Royal Unibrew reiterates 2026 organic EBIT growth outlook of 6-10%
Company expects 2026 EBIT of DKK 2,325-2,425 mln
Net revenue for 2026 seen broadly on level with 2025

Result Drivers
OWN BRANDS - Co said growth was led by its own brands, supporting net revenue and market share gains
INTERNATIONAL AND ITALY - International segment and Italy were strongest growth engines in H1 2026
COST DISCIPLINE - Co said improved profitability and ROIC reflected continued focus on cost discipline and capital efficiency

Company press release: ID:nGNEby99wn

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Revenue
Slight Beat*
DKK 4.43 bln
DKK 4.41 bln (6 Analysts)
Q2 EBIT
Miss
DKK 753 mln
DKK 787.68 mln (6 Analysts)
Q2 EBITDA
Miss
DKK 949 mln
DKK 970.31 mln (3 Analysts)
Q2 EBITDA Margin
 
21.40%
 
Q2 EBIT Margin
 
17.00%
 
Q2 Gross Profit
 
DKK 2.04 bln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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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.)