Business
Hagar hf: Financial results for Q2 2025/26
Strong performance and a new retail center in the Faroe Islands The interim financial statements of Hagar hf. for the second quarter of the 2025/26 financial year were approved by the company’s Board of Directors and CEO at a board meeting held on 16 October 2025. The statements cover the period from 1 March to 31 August 2025. The interim financial statements include the consolidated accounts of the company and its subsidiaries and have been prepared in accordance with International Financial Re
About this update from Hagar Hf.
[{"type":"image","alt":"Hagar hf.","displaySize":"","headline":null,"caption":"Hagar hf.","className":"","disableSlideshowImg":false,"size":{"original":{"width":160,"height":73,"url":"https://media.zenfs.com/en/globenewswire.com/fe16ca4da2c1d50692d07820cb3b4dd7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/djjKLNCfjmuCDTjD6lXzsA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTk2O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/fe16ca4da2c1d50692d07820cb3b4dd7","width":160,"height":73}},"lazy":false},{"type":"text","content":"Strong performance and a new retail center in the Faroe Islands","length":63,"tagName":"p"},{"type":"text","content":"The interim financial statements of Hagar hf. for the second quarter of the 2025/26 financial year were approved by the company’s Board of Directors and CEO at a board meeting held on 16 October 2025. The statements cover the period from 1 March to 31 August 2025. The interim financial statements include the consolidated accounts of the company and its subsidiaries and have been prepared in accordance with International Financial Reporting Standards (IFRS). The statements have been reviewed by the company’s auditors, PricewaterhouseCoopers ehf.","length":550,"tagName":"p"},{"type":"text","content":"","length":0,"tagName":"p"},{"type":"text","content":"Key figures*","length":12,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Sales in Q2 amounted to 51,817 m.ISK (11.2% increase from Q2 2024/25). Sales in 6M amounted to 99,932 m.ISK (10.2% growth from 6M 2024/25). [Q2 2024/25: 46,579 m.ISK, 6M 2024/25: 90,646 m.ISK]","length":192,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit Q2 amounted to 12,874 m.ISK (24.8%) and 24,493 m.ISK (24.5%) for 6M. [Q2 2024/25: 10,174 m.ISK (21.8%), 6M 2024/25: 19,711 m.ISK (21.7%)]","length":150,"tagName":"p"}]},{"val":[{"type":"text","content":"Earnings before interest, taxes, depreciation, and amortization (EBITDA) Q2 amounted to 5,485 m.ISK or 10.6% of sales. EBITDA 6M amounted to 9,531 m.ISK or 9.5% of sales. [2F 2024/25: 4,014 m.ISK (8.6%), 6M 2024/25: 7,228 m.ISK (8.0%)]","length":235,"tagName":"p"}]},{"val":[{"type":"text","content":"Profit for Q2 amounted to 2,556 m.ISK or 4.9% of sales. Profit for 6M amounted to 3,721 m.ISK or 3.7% of sales. [Q2 2024/25: 1,723 m.ISK (3.7%), 6M 2024/25: 2,573 m.ISK (2.8%)]","length":176,"tagName":"p"}]},{"...