Siminn Q2 FY26 profit drops 49.9% to ISK 269 million; revenue rises 2.2% to ISK 7.36 billion

Reuters2026/08/19 16:16

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Síminn posted Q2 2026 revenue of 7,356 m.kr., up 2.2% year on year.
EBITDA fell 16.9% to 1,599 m.kr., cutting the EBITDA margin by 5 percentage points to 21.7%.
Net profit dropped to 269 m.kr.; earnings per share were 0.12 kr.
Advertising distribution revenue climbed 16.7% to 705 m.kr., while product sales rose 20.2% year on year.
Net interest-bearing debt, including lease liabilities, rose to 20.8 billion kr.; equity ratio was 37.2%.

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. Síminn hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608191216OMX_____CNEWS_IS_GNW1001258387_is) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Siminn Q2 FY26 profit drops 49.9% to ISK 269 million; revenue rises 2.2% to ISK 7.36 billion

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