Nelly Q2 FY26 operating profit drops 41.7% to SEK 32.3 million; revenue falls 4.3% to SEK 346 million

• Nelly Group Q2 2026 net revenue fell 4.3% to SEK 346 million; operating profit dropped to SEK 32.3 million, pushing operating margin to 9.3%.
• Gross margin narrowed to 53.2% from 54.5% a year earlier; return rate improved 0.7 percentage points to 27.7%.
• Operating expenses rose SEK 10 million to SEK 152 million; marketing increased on core-market advertising and Germany expansion.
• Operating cash flow eased to SEK 99 million; cash climbed 15.8% year-on-year to SEK 300.6 million, lifting the equity ratio to 42.7%.
• Launched a share repurchase program of up to SEK 30 million, covering up to 2,500,000 shares, running Aug. 17, 2026 to Feb. 17, 2027.

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. Nelly Group AB (publ) published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein.