Gabriel Holding A/S achieved growth in revenue and operating profit (EBIT) in the continuing business in the first quarter of the year. The result after recognizing the discontinued activities also improves.

Core Viewpoint - Gabriel Holding A/S has shown growth in its continuing operations despite challenging market conditions in the furniture industry, with expectations for revenue and earnings to persist into the 2025/26 financial year [2][3]. Financial Performance - Continuing operations achieved a revenue growth of DKK 5.8 million, or 5%, in the first quarter, resulting in total revenue of DKK 129.2 million compared to DKK 123.5 million in the previous year [5]. - The primary result (EBIT) for continuing operations improved from DKK 4.1 million to DKK 9.2 million, attributed to increased revenue, improved gross margin, and stable cost levels [5]. - Cash flow from operating activities for the Group was DKK 36.9 million, up from DKK 33.8 million [5]. Market Outlook - Management anticipates that the challenging market conditions affecting the furniture industry will persist into the 2025/26 financial year due to ongoing geopolitical risks [2][3]. - Revenue from continuing operations is projected to be between DKK 510–550 million, with primary earnings (EBIT) expected to be in the range of DKK 40–55 million [3]. Business Segments - Growth in continuing operations is primarily driven by the textile business and advancements in North America, Asia, and Europe [5]. - The discontinued operations (FurnMaster) experienced a revenue decline of 19%, with a profit after tax of DKK –3.5 million, an improvement from DKK –9.4 million in the same period last year [5]. Overall Profitability - The total profit after tax, including results from discontinued operations, was DKK 2.2 million, compared to a loss of DKK –2.2 million in the previous year [5].