Denmark-based kitchen manufacturer TCM Group said second-quarter revenue rose 7% year-over-year to DKK 375 million, with the B2C segment leading growth as customers pulled forward orders ahead of a price increase.
Adjusted EBITA for the period fell to DKK 29.1 million from DKK 38.6 million a year earlier, pushing the adjusted EBITA margin down to 8.6% from 10.3%. The company cited higher operating expenses and rising raw material and freight costs tied to the Middle East conflict, though it said gross margins were preserved.
Order intake surged versus the prior-year period, reflecting strong demand ahead of the price adjustment. TCM Group maintained its full-year 2026 outlook, targeting revenue between DKK 1.4 billion and DKK 1.5 billion and adjusted EBITA of DKK 120 million to DKK 140 million. Management highlighted a robust order book but warned of geopolitical risks that could affect operations.
The results were released on August 20, 2026, with CEO Jens-Peter Poulsen overseeing the company’s strategy amid cost volatility.
