Hagar Q2 profit falls 10% to ISK 2.29 billion

Bitget2026/10/15 16:14

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Hagar’s Q2 2026/27 profit fell 10% year-on-year to ISK 2.29 billion, while sales rose 6% to ISK 54.68 billion.
Quarterly EBITDA increased to ISK 5.67 billion, with results exceeding management’s expectations across all business segments.
Bónus and Hagkaup cut prices on approximately 1,000 products in September, committing to hold those prices through year-end.
Management raised its 2026/27 EBITDA guidance to ISK 19.6 billion–ISK 20.1 billion following stronger-than-expected first-half results.

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. Hagar hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610151213OMX_____CNEWS_EN_GNW1001278221_en) on October 15, 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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Hagar Q2 profit falls 10% to ISK 2.29 billion

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