Matas Q1 FY27 profit drops 71.1% to DKK 19 million; revenue rises 4.2% to DKK 2.16 billion
Reuters2026/08/12 06:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Matas posted Q1 revenue of DKK 2.16 billion, up 4.2% year on year.
- Profit for the period fell 71.1% to DKK 19 million; earnings per share dropped to DKK 0.49 from DKK 1.67.
- EBITDA declined 15.8% to DKK 250 million; EBIT slid 37% to DKK 86 million.
- Gross margin narrowed 1.7 percentage points to 44.3%, partly due to inventory write-downs in KICKS.
- A new Nordic operating model targets about DKK 15 million in-year savings in 2026/27, with DKK 70-105 million in special items.
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. Matas A/S published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Crypto prices
MoreBitcoin
BTC
$77,936.28
-1.79%
Ethereum
ETH
$2,444.92
-2.36%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$691.15
-1.69%
XRP
XRP
$1.4
-1.93%
USDC
USDC
$0.9999
-0.01%
Solana
SOL
$105.11
-0.37%
TRON
TRX
$0.3383
-0.62%
Hyperliquid
HYPE
$82.88
-1.02%
Zcash
ZEC
$837.99
+4.11%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now