Revenue and profit improved significantly in H1 and Q2 2026, led by strong performance in technical trade and construction.
Comparable operating profit rose to €296.1m in H1 (up €23.8m year-over-year), with Q2 profit at €194.0m.
All business segments saw revenue growth; technical trade and construction were the main drivers.
Major acquisition of Dahls' technical trade operations in Sweden, Norway, and Denmark announced for €1.2bn.
Used car sales boosted auto trade revenue, though profit declined due to lower margins.
Q2 2026 revenue: €3,379.1m, up 4.2% year-over-year; H1 revenue: €6,408.1m, up 6.5%.
Comparable operating profit: €194.0m in Q2, €296.1m in H1.
EPS (undiluted): €0.32 in Q2; H1 comparable EPS: €0.47, reported EPS: €0.45.
Operating cash flow: €362.1m in Q2, €439.9m in H1.
Effective tax rate: 19.8%.
2026 comparable operating profit guidance updated to €670–730m (previously €650–750m).
Operating environment expected to improve in 2026, but remains challenging.
Profitability expected to improve across all segments and geographies.
Key uncertainties: consumer confidence, investment appetite, geopolitical risks.
Grocery trade margin expected to remain well above 6% despite investments.
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Search for any keyword across all transcripts simultaneously.
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
The easiest way to stay updated during earnings season.
All events from public companies. Live and recorded.
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Explore our global coverage