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Edge14 Aug 2026
Deutsche Qualität: The Story of Birkenstock
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Hedera Group
Hedera Group (HEGR) investor relations material
Hedera Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary13 Aug, 2026
Executive summary
Net sales for Q2 2026 were 120.0 MSEK, a decrease of 7.2% year-over-year; EBITDA was -3.6 MSEK, with adjusted EBITDA at -2.8 MSEK, reflecting continued cost savings and efficiency measures.
Result after financial items improved to -5.2 MSEK (from -5.3 MSEK), aided by lower financial costs and despite lower revenue.
Cash flow for the quarter was -1.5 MSEK, impacted by loan amortizations; liquidity at period end was 5.0 MSEK.
The CEO expects improved profitability and potential growth in the second half of 2026, supported by stabilized operations and further cost reductions.
Financial highlights
Q2 net sales: 120.0 MSEK (129.3 MSEK in Q2 2025); H1 net sales: 239.4 MSEK (261.2 MSEK in H1 2025).
Q2 EBITDA: -3.6 MSEK (-2.7 MSEK); adjusted EBITDA: -2.8 MSEK (-2.7 MSEK); Q2 EBIT: -4.8 MSEK (-4.0 MSEK).
H1 EBITDA: -1.5 MSEK (2.6 MSEK); adjusted H1 EBITDA: -0.7 MSEK (2.6 MSEK).
Net debt at quarter end: 14.1 MSEK; net debt/EBITDA (LTM): 16.1x (2.4x).
Equity ratio at June 30, 2026: 45% (49%).
Outlook and guidance
CEO anticipates improved profitability and modest growth in H2 2026, driven by cost savings, stabilized operations, and no major holidays in Q3.
Market remains competitive with regulatory and pricing pressures; focus remains on compliance and efficiency.
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Latest events from Hedera Group
- Net sales dropped 9.4% to 119.4 MSEK, with EBITDA margin at 1.7% and improved financial stability.HEGR
Q1 2026 - Sales and earnings declined, but efficiency gains and refinancing improved financial stability.HEGRQ4 2025
- Net sales fell 5.8% in Q3 2025, with negative net income and margin pressure from one-offs.HEGRQ3 2025
- Sales declined and losses widened, but financial position improved after a rights issue.HEGRQ2 2025
- Q3 revenue dropped 26% year-over-year, but cost savings improved profitability from Q2.HEGRQ3 2024
- Sales fell sharply in Q2 2024, but Assistans grew and cost controls partially offset losses.HEGRQ2 2024
- EBITDA and net income rose despite a 12.9% sales drop, driven by margin improvements.HEGRQ1 2025
- 2024 saw sharp revenue and profit declines, but cost cuts and new initiatives aim for 2025 recovery.HEGRQ4 2024
Next Hedera Group earnings date
Q3 20264 Nov, 2026
Hedera Group
Next Hedera Group earnings date
Q3 20264 Nov, 2026
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Amina0781App Store
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@theshortbearx.com
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