EarningsQ2 2026 Earnings Report
DE:A8X Q2 2026 EPS Results
Actual EPS-€0.04
Consensus EPS€0.06
Beat/MissMissed by -€0.10
One Year Ago EPS-€0.05
DE:A8X Q2 2026 Revenue Results
Actual Revenue€260.90M
Expected Revenue€269.82M
Beat/MissMissed by -€8.92M
YoY Revenue Growth+1.01%
Earnings Announcement Details
QuarterQ2 2026
Date07/16/2026
TimeBefore Open
Conference CallThursday, July 16, 2026
DE:A8X Upcoming Earnings
Fiskars's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a cautiously positive picture: the company delivered its fourth consecutive growth quarter, meaningful free cash flow improvement (EUR 30.4m) and improved comparable EBIT (EUR 3.0m to EUR 7.7m), with strong liquidity and sustainability progress. Core operational priorities (Vita turnaround, strict CapEx and working capital management) are showing early benefits. However, notable challenges remain: Vita's EBIT is still negative, gross margin pressure from supply-chain normalization, elevated inventories (EUR 340m) with potential for further provisions, and a higher net debt/EBITDA ratio (3.42x). On balance, the operational and cash improvements and clear execution on restructuring slightly outweigh the remaining profitability and inventory risks, leaving the tone of the call cautiously positive.Company Guidance
Sequential Growth and Top-Line Improvement
Fourth consecutive growth quarter for the group; comparable net sales increased by 3% year-over-year in Q2. Growth was broad-based with top four countries (USA, Sweden, Denmark, Finland) all growing and strong growth in Japan.
Vita Business Area Turnaround and Size
BA Vita delivered the main growth momentum, with Q2 sales up 5.5% year-over-year. Q2 was the first time in company history when Vita's revenue was larger than Fiskars BA.
EBIT Improvement
Comparable EBIT improved from EUR 3.0 million to EUR 7.7 million year-over-year, indicating clear directional improvement in profitability.
Strong Free Cash Flow and Working Capital Release
Unlevered free cash flow (new definition including leases) was EUR 30.4 million in Q2, an improvement of about EUR 28 million versus last year, driven mainly by a >EUR 30 million reduction in net working capital.
CapEx Discipline
Q2 CapEx was EUR 7 million (less than half vs prior year Q2) and H1 CapEx was EUR 12 million (roughly half of last year's H1), reflecting strict CapEx management and lower rolling 12-month CapEx of about EUR 32 million.
Improved Cash Earnings Per Share
Cash earnings per share almost doubled, increasing from EUR 29 to EUR 51, reflecting cash generation and improved working capital.
Liquidity Strengthened
Total liquidity at end of Q2 was EUR 420 million (EUR 300 million committed credit facilities, ~EUR 40 million overdraft capacity, ~EUR 80 million cash), providing a strong liquidity buffer entering H2.
Sustainability and Safety Progress
Regained Platinum EcoVadis status (top ~1% of assessed companies). Circularity KPI improved to 30% from 28% (target 50% by 2030). Lost time accident frequency improved from 3.6 to 2.9.
Fiskars BA Margin and Investment Focus
BA Fiskars showed gross margin expansion and the business increased R&D spend by over 20% in Q2 while reinvesting margin improvements into marketing, SG&A and R&D to drive future growth.
DE:A8X Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed