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May 28, 2025

Kährs sees signs of recovery in European renovation segment despite lower Q1 sales

Kährs Group's consolidated net sales amounted to SEK 541 million (€52.2 million) for Q1 2025, compared to SEK 643 million (€62.0 million) in Q1 2024. This corresponds to a decrease in organic sales of 8%. During Q1, the geopolitical environment—primarily uncertainty surrounding actions in the USA regarding tariffs—had a negative impact as inflation and long-term interest rates increased. Operating EBITA totalled SEK 22 million (€2.1 million), corresponding to an EBITA margin of 4.1% for Q1 2025. Operating profit during Q1 2025 continued to be strongly affected by low sales ...

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