New Wave Q2 FY26 operating profit rises 22% to SEK 295 million; net sales increase 13.5% to SEK 2.61 billion
Reuters2026/08/20 05:03- New Wave Group Q2 net sales rose 13.5% to SEK 2.61 billion; operating profit climbed to SEK 295 million.
- Profit for the period increased to SEK 202 million; earnings per share rose to SEK 1.52.
- Gross margin was 50.0%, helped by refunded U.S. customs duties; Cotton Classics weighed on margin.
- Operating cash flow fell to SEK 95 million; equity ratio stood at 51.8% at June 30.
- Management flagged a Dallas warehouse opening in October; Tenson launch in the U.S. planned for autumn.
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