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Duni AB (publ) (DUNNF) Q1 2026 Earnings Call Transcript
2026-04-24 · via All Articles on Seeking Alpha

Duni AB (publ) (DUNNF) Q1 2026 Earnings Call April 24, 2026 4:00 AM EDT

Company Participants

Robert Dackeskog - President & CEO
Magnus Carlsson - CFO & Executive VP of Finance

Conference Call Participants

Erik Sandstedt - Kepler Cheuvreux, Research Division
Johan Fred - SEB, Research Division

Presentation

Operator

Hello, and welcome to the Duni Group Q1 Interim Report 2026.[Operator Instructions] I will now hand over to Robert Dackeskog, President and CEO. Please begin your meeting.

Robert Dackeskog
President & CEO

Thank you. Yes. Hi, and welcome to the interim report for Q1, 2026. And the headline for this quarter is stabilized development in a challenging market. And if we look at a little bit on the agenda here during the presentation, a little bit highlights in the beginning and then some market outlook and market insights. And then we have the Q1 summary, and then we're moving into more details within the two business areas. And then at the end, financials and our long-term targets at the end and then a summary and then we go to Q&A via telephone.

All right. So if we move into the highlights. The quarter came in the net sales is broadly in line with last year, if you look at the same currency as last year. And that is, of course, it's been a quite challenging and volatile market environment here lately as well, as we know. And if we look at the organic sales trend, that improved quarter-on-quarter, I come back to that, but it was minus 7% last quarter. Now it's improved even if it's a little bit negative still.

There is a price-focused demand continuing in the market. So with the mix rather than volumes being the main challenge for us in the restaurant market. And then positive in the quarter