Kährs Q2 Sales Up 9%, U.S. Sales Down 10%

Malmö, Sweden, August 24, 2026—Kährs’ Q2 2026 net sales amounted to SEK 552 million (508), an increase of 9%, while organic sales increased by 8%.

Operating EBITA for Q2 2026 was SEK 22 million (17), corresponding to an operating EBITA margin of 4.0% (3.4).

Operating profit for Q2 2026 amounted to SEK 16 million (12), corresponding to an operating margin of 2.9% (2.4).

For the first half of 2026, net sales amounted to SEK 1,082 million (1,049), representing an increase of 3%. For the first half-year, this corresponds to organic sales growth of 4%.

Operating EBITA amounted to SEK 27 million (39) in the first half of 2026, corresponding to an operating EBITA margin of 2.5% (3.7), while operating profit amounted to SEK 15 million (30), corresponding to an operating margin of 1.4% (2.9). Profit for the period amounted to SEK -61 million (-26).

Regarding U.S. net sales, the company reports, “North America declined by -10% organically, driven by weak market demand. The restructuring of the customer base to replace distributor sales with direct retail sales is having a positive effect but does not yet compensate for the decline.”

“In the United States, market conditions remain challenging, particularly within new construction, where uncertainty regarding inflation and interest rates continues to dampen activity. At the same time, we see positive signals. The housing market recovered somewhat from low levels during the latter part of the quarter, and our direct distribution within the Retail segment has once again returned to growth. This is an important step in our ongoing transformation of the North American business,” says Johan Magnusson, president and CEO. In the U.S., the company is switching to a direct model.