Utenos Trikotazas swings to EUR 470,000 net loss in H1 FY26; revenue falls 8.1% to EUR 8 million

Reuters2026/07/31 06:01

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Utenos Trikotazas posted first-half 2026 revenue of EUR 8 million, down 8.1% year on year.
It turned to a net loss of EUR 470,000 from a net profit of EUR 144,000 a year earlier.
Sales rose 17.9% in the DACH region, climbed 48.9% in Scandinavia.
UTENOS brand sales increased 26.6%, accelerating to 37.7% growth in the second quarter.
CEO Nomeda Kaučikienė cited slower second-quarter seasonality, higher market uncertainty, and higher investment in sales development and the UTENOS brand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Utenos Trikotazas AB published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607310200OMX_____CNEWS_EN_GNW1001255366_en) on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Utenos Trikotazas swings to EUR 470,000 net loss in H1 FY26; revenue falls 8.1% to EUR 8 million

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