EarningsQ2 2026 Earnings Report
DE:D00 Q2 2026 EPS Results
Actual EPS€0.09
Consensus EPS€0.10
Beat/MissMissed by -€0.01
One Year Ago EPS€0.10
DE:D00 Q2 2026 Revenue Results
Actual Revenue€534.14M
Expected Revenue€529.81M
Beat/MissBeat by +€4.33M
YoY Revenue Growth-4.79%
Earnings Announcement Details
QuarterQ2 2026
Date07/14/2026
TimeBefore Open
Conference CallTuesday, July 14, 2026
DE:D00 Upcoming Earnings
Dometic Group AB'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|Neutral
The call conveyed a balanced message: the company is navigating a challenging macro environment (raw-material and freight inflation, tariff volatility, regional demand weakness in the U.S. and Australia) that drove modest organic declines, margin pressure and higher SG&A due to provisions. Offsetting these negatives are resilient aftermarket/service growth, positive performance in Marine and Mobile Cooling (with signs of improving order intake and prices beginning to take effect), progress on restructuring (additional SEK 150m saving target) and reductions in net debt. Management remains cautious for 2026 but is taking active measures to protect margins, reduce costs and invest in innovation and sustainability.Company Guidance
Service & Aftermarket Growth and Channel Mix
Service and aftermarket grew (positive single-digit) and now represent 31% of group sales (up from prior periods), providing a positive margin mix that helped gross margin (service & aftermarket and distribution performed well in Q2/Q3).
Marine Segment Recovery and Strong Margins (Underlying)
Marine delivered organic growth of +3% in Q2 (following +2% in Q1). Reported EBITA margin was 18.8% (vs 19.6% LY) but excluding the West Marine bad-debt provision (~SEK 52m) underlying margin would be around ~22–23%, and management expressed confidence in sustaining >20% margins with modest positive organic growth.
Mobile Cooling Growth & Improving Order Intake
Mobile Cooling grew +5% organically in Q2 (vs +1% in Q1) with solid North American growth and improving order intake; management reported price increases beginning to take effect in June and expects margins to recover during Q3–Q4.
EBITA and Profitability in a Tough Market
Group EBITA was SEK 739 million in Q2, corresponding to a 12.4% EBITA margin despite difficult market headwinds, and management described this as a 'solid result' given cost and demand pressures.
Free Cash Flow and Liquidity
Q2 free cash flow was over SEK 800 million (down from SEK 1.3 billion LY); cash at end-June SEK 3.6 billion; net debt reduced by ~SEK 1.2 billion versus last year and by SEK 2.8 billion versus 2024, and leverage remained stable at 3.3x.
Restructuring Program and Cost Savings
Extended restructuring with an additional SEK 150 million in expected savings, taking total targeted savings to SEK 900 million by mid‑2027 (SEK 750 million expected by year-end); SEK 100 million of restructuring costs recorded in Q2 as items affecting comparability; run-rate savings and site closures progressing (one manufacturing site closed; six distribution centers closed).
Sustainability & Innovation Progress
Renewable energy usage rose to 44% (from 43% in Q1) and supplier high‑extent assessments increased to 63% (from 53% in Q1). The innovation index stood at 24% with a target of 25% by year-end; continued R&D and product launches (portable grills, bed slide, electric water heater for North America).
Backlog and Order Book Stability
Backlog at the same level as last year and order intake improved in June, signaling some late-quarter recovery/encouraging signs in parts of Europe and Marine despite uneven market developments.
DE:D00 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