Improved profitability and focus on operational improvements
“We begin the new financial year with improved profitability and higher sales. During the first quarter, the Group’s net sales increased, while operating profit improved significantly compared with the previous year. The stronger gross margin was the main driver of the improvement in earnings. This is an encouraging start and provides a foundation for our efforts to strengthen Åhléns Group’s long-term competitiveness,” says Ayad Al-Saffar, CEO of Åhléns Group.
Financial Summary May – July 2026
» Net sales amounted to MSEK 1,122 (1,103) MSEK during the first quarter
» Gross profit amounted to 537 (503) MSEK corresponding to a gross margin of 47.8 percent
» Operating profit amounted to 43 (13) MSEK corresponding to an operating margin of 3.8 percent.
» Cash flow from operating activities amounted to 201 (253) MSEK.
» Adjusted EBITA amounted to 45 (15) MSEK with an adjusted EBITA margin of 4.0 percent.
Significant Events During the Period:
» During the quarter, the Group company Åhléns AB entered into an overdraft facility of MSEK 200 with Danske Bank.