29.10.2026 06:30:04 CET | Bohus ASA | Half year financial report
(Oslo, 29 October 2026) Bohus ASA (Bohus, OSE: BOHUS) today reported revenues of
NOK 1.033.1 million* in the third quarter of 2026, up 16.7%, and an adjusted
EBIT of NOK 136.0 million** (Q3 2025: 100.7), corresponding to an EBIT margin of
13.2% (11.4%).
"The third quarter was another solid period for Bohus with a revenue growth of
16.7 per cent, increased market shares, and a positive margin development,
highlighting our position as Norway's largest mid-market furniture chain in a
highly resilient market segment. The key take-away for the period was not only
the strong underlying development of our core categories living-, dining- and
bedrooms, but also our category development capabilities, continuous changes and
new offerings fit to our market position," says John Thomasgaard, Chief
Executive Officer of Bohus.
Bohus has opened six new stores during the latest twelve months, in addition to
the six franchise stores, leaving a total of 72 stores under the Bohus brand.
The gross margin ended at 49.1% (Q3 2025: 48.5%), while the reported EBIT was
NOK 134.4 million. The cash flow from operation was NOK 258.7 million for the
quarter.
"The underlying revenue growth on a comparable basis of 12.2 per cent is another
proof point of how Bohus executes the strategy outlined with our listing on Oslo
Børs earlier this year. This growth is driven by continued solid consumer demand
across our 66 fully owned nationwide stores in addition to the growth from our
attractive omnichannel offering," Thomasgaard continues.
In an uncertain world, the Norwegian mid-range furniture industry is
characterised by resilience as a destination-led category, with demand and
conversion anchored in physical retail. Bohus targets to lead this development
based on a distinct value proposition: A wide product assortment, quality at
affordable prices, proximity to customers a trusted brand, and size,
infrastructure and scale
"We target to further reduce our purchasing costs, increase our gross margins
and accelerate our competitive strength in the years ahead, and see further
potential to accommodate our growth story by expanding our central logistic
operations. This strategy creates a potential to develop around 30 new stores
the coming years, with five signed stores in the pipeline for 2027, and we
reiterate our outlook with an attractive growth and dividend story," John
Thomasgaard concludes.
The Board of Directors report and presentation for the third quarter of 2026 are
enclosed.
ENDS
CEO John Thomasgaard and CFO Krister A. Pedersen will host a webcast
presentation Thursday 29 October 2026
Time: 07:45 CEST
Language: English
Webcast link: https://qcnl.tv/p/FpdaC1h3pUHnepJZXf0aHg
The report and presentation will be made available at bohusasa.com -
http://bohusasa.com and www.newsweb.no - http://www.newsweb.no. A recorded
version of the presentation will be available after the live stream is
concluded.
*) Note that Bohus 8 October 2026 reported unaudited revenues in the third
quarter of 2026 of NOK 1.033.1 million, up 16.7% from NOK 885.3 million in the
same period last year.
**) Key financials are adjusted for comparable analysis. The third quarter of
2026 is the third reporting period that fully reflects the Group's current
structure following the acquisition of former franchise stores completed in July
and September 2025. As a result, the quarter should be assessed in the context
of the Group's transition from a predominantly franchise-based model to a model
where a substantially larger share of revenues and earnings is generated from
owned stores.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Jo Christian Lund-Steigedal (media contact), Partner, Corporate
Communications AS, +47 415 08 733, jcs@corpcom.no
* John Thomasgaard, CEO, Bohus ASA, +47 450 05 830, john.thomasgaard@bohus.no
* Krister Pedersen, CFO, Bohus ASA, +47 952 45 037, krister.pedersen@bohus.no
ABOUT BOHUS ASA
Bohus is a Norwegian retail group operating in the furniture and home furnishing
market. Founded in 1976, Bohus today operates an omnichannel platform comprising
more than 70 stores across Norway (of which 66 are fully owned and six operate
under franchise agreements), supported by a +30,000 m2 central warehouse and a
complementary online channel. Bohus serves customers through a broad product
assortment focusing on heavy furniture and destination-shopping products, and
with a high degree of customisable furniture tailored to customer preferences.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17849070/19121995/19968/Download%20announc
ement%20as%20PDF.pdf
Bohus ASA Q3 2026 report.pdf -
https://kommunikasjon.ntb.no/ir-files/17849070/19121995/19966/Bohus%20ASA%20Q3%2
02026%20report.pdf
Bohus ASA Q3 2026 presentation.pdf -
https://kommunikasjon.ntb.no/ir-files/17849070/19121995/19967/Bohus%20ASA%20Q3%2
02026%20presentation.pdf
%20report.pdf\
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Bohus ASA Q3 2026 presentation.pdf -\
https://kommunikasjon.ntb.no/ir-files/17849070/19121995/19967/Bohus%20ASA%20Q3%2\
02026%20presentation.pdf\