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STENOCARE (STENO) investor relations material

STENOCARE Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary7 May, 2026

Executive summary

  • Net sales reached 3,003 KDKK in Q1 2026, up 15% sequentially and 284% year-over-year, driven by Danish and German markets.

  • EBITDA was positive at 61 KDKK, marking the fourth consecutive quarter of positive EBITDA.

  • Integration of CannGros completed, with full operational cycle managed using existing staff and facilities.

  • Astrum 10-10 oil launched in Germany and regulatory dossier submitted for entry into the French market.

Financial highlights

  • Net sales: 3,003 KDKK in Q1 2026 vs. 782 KDKK in Q1 2025 (284% increase year-over-year).

  • EBITDA: 61 KDKK in Q1 2026 vs. -1,832 KDKK in Q1 2025.

  • Net result: -459 KDKK in Q1 2026 vs. -1,994 KDKK in Q1 2025.

  • Cash flow from operating activities: 86 KDKK in Q1 2026 vs. -3,094 KDKK in Q1 2025.

  • Cash position at end of Q1 2026: 654 KDKK.

Outlook and guidance

  • Continued sales growth and positive EBITDA support ambition to achieve break-even for the full year.

  • Efficiency improvements and automation expected in Q2 to further optimize CannGros operations.

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