Duni Group Q3 net profit falls 71% as logistics costs and restructuring weigh
Duni Group's third-quarter 2026 income after tax fell 71.4% to USD 3.2m (SEK 32m) from USD 11.2m (SEK 112m), although net sales rose 3.1% to USD 0.2bn (SEK 2bn). Higher logistics costs and an unfavourable product mix cut operating income, and EBIT of USD 9.4m (SEK 94m) included USD 2.1m (SEK 21m) of restructuring charges. Chief executive Robert Dackeskog said the group would focus on completing its logistics transition and on transport efficiency for the rest of the year.
Why this mattersLogistics costs and product mix are eroding margins at a European foodservice packaging supplier even as sales grow, with return on capital nearly halved.
- Q3 2026 income after tax fell 71.4% to USD 3.2m (SEK 32m) from USD 11.2m (SEK 112m)
- Net sales rose 3.1% to USD 0.2bn (SEK 2bn) from USD 0.19bn (SEK 1.9bn), led by Australia and customer own-brand sales in Europe
- Operating income fell to USD 13.4m (SEK 133m) from USD 16.9m (SEK 168m)
- EBIT fell to USD 9.4m (SEK 94m) from USD 15.2m (SEK 151m), including USD 2.1m (SEK 21m) of restructuring charges
- Return on capital employed excluding goodwill fell to 12.7% from 23.9%
- Earnings per share fell to USD 0.07 (SEK 0.70) from USD 0.224 (SEK 2.23)
Sources
packaging-gateway.com