Kjell Group Q3 sales up 8.1% as adjusted EBITA more than doubles
Swedish electronics accessories retailer Kjell Group reported an 8.1% rise in third-quarter sales and more than doubled adjusted EBITA, according to Reuters.
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what happened
Swedish electronics accessories retailer Kjell Group reported third-quarter net sales up 8.1% year on year. Sales grew in every market, both online and in physical stores. Adjusted EBITA more than doubled from a year earlier to SEK 40 million, with a margin of 6.3%.
The gross margin reached 41.8%. The company linked the improvement partly to the absence of an inventory write-down recorded a year earlier. Net income came in at SEK 28.8 million and operating profit at SEK 35.5 million. Kjell said it is focused on the fourth quarter, its most important period.
According to Reuters, which based the report on LSEG and company data, only one analyst rating covers the shares, a hold. The median 12-month price target is SEK 13.5, about 20.6% below the October 21 close of SEK 17.00. The story was produced by Reuters automation and checked by a journalist.
why it matters
For the broader market this is a small-cap report with limited index impact. Investors will focus on whether margins hold and whether growth carries into the fourth quarter, which typically brings most of the year's sales.
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sources
- Sweden's Kjell Group Q3 sales rise as profit improves — Reuters, 22 October 2026 at 05:13 UTC
- Sweden's Careium Q3 sales rise 21.6%, margin improves — Reuters, 22 October 2026 at 05:24 UTC
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