Nobia has reported stabilising revenue in the first quarter of 2026, as its strategic shift towards a Nordic-focused business begins to take effect.
The group posted net sales of €131.3 million (SEK 1,424 million), representing a 2% year-on-year increase. EBIT came in at €2.6 million, while adjusted EBIT rose to €6.7 million, signalling improving underlying profitability.
© Nobia
The quarter marks a key phase in Nobia's transformation, following the completion of its exit from the UK market. The company is now concentrating on strengthening its position in Scandinavia, where it sees greater long-term potential.
Market conditions in the Nordic kitchen sector remained subdued, but early signs of stabilisation have emerged. Increased activity from smaller local builders supported the B2B segment, while higher average order values helped drive organic growth for the third consecutive quarter.
Core brands such as HTH and Marbodal delivered solid performances, maintaining strong positions in their respective markets.
Margins also improved, with adjusted gross margin rising to 37.8%, supported by better pricing and reduced production costs. However, sales and administrative expenses increased slightly compared to the previous year.
Chief executive Kristoffer Ljungfelt said the company is now operating with a more focused structure and improved resilience, supported by a streamlined product portfolio and a modernised supply chain.
Restructuring initiatives launched in 2025 are expected to deliver annual savings of around €7.4 million from the third quarter of 2026, reinforcing Nobia's path towards sustainable growth.
Source: www.moebelmarkt.de
