Hagar, IS0000020121

Hagar stock holds at ISK 116 as quarterly revenue grows 5.7 percent

Published on 10/05/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hagar stock was trading at ISK 116 on October 5, 2026, while quarterly revenue reached ISK 50.785 billion. Net income was ISK 1.927 billion.

Hagar, IS0000020121, Illustration mit AI erstellt.

Hagar (IS0000020121) was trading at ISK 116 on Nasdaq Iceland on October 5, 2026, at 10:16 a.m. GMT, with a market capitalization of ISK 126.3 billion. The latest reported quarter delivered revenue of ISK 50.785 billion and net income of ISK 1.927 billion, giving investors a clear contrast between sales growth and earnings pressure.

Revenue rises as earnings soften

Hagar's latest reported quarter ended May 31, 2026, according to Zonebourse. Investing.com lists revenue of ISK 50.785 billion and net income of ISK 1.927 billion for that quarter.

Revenue increased from ISK 48.043 billion in the previous quarter to ISK 50.785 billion, a gain of 5.7 percent. Net income moved from ISK 1.981 billion to ISK 1.927 billion, a decline of 2.7 percent, while diluted earnings per share stood at ISK 1.76.

Buyback reached its legal limit

Hagar completed its latest share buyback on September 21, 2026. A Nasdaq Iceland filing states that the company acquired 4,134,521 shares for a total ISK 499,999,999 and held 25,439,390 treasury shares, equal to 2.30 percent of issued share capital.

The buyback reached the program's total spending limit of ISK 500 million. That makes capital allocation an important part of the Hagar stock story alongside the latest quarterly earnings, especially because the most recent quarter combined higher revenue with lower net income.

Stock remains below yearly high

Hagar stock was trading between the session low of ISK 115.50 and the session high of ISK 116 on October 5, 2026, with volume of 862 shares. The 52-week range was ISK 106 to ISK 128, placing the stock 9.38 percent below its yearly high.

For investors, the key comparison is operational rather than dramatic: quarterly revenue expanded 5.7 percent sequentially, but net income fell 2.7 percent. Hagar operates in Icelandic consumer staples, with Bónus, Hagkaup and Olís among its businesses, so margins and cash generation remain central to the valuation discussion.

Hagar stock and market data

Hagar stock was last at ISK 116 on Nasdaq Iceland on October 5, 2026, at 10:16 a.m. GMT. The daily change was 0.43 percent, and the market capitalization was ISK 126.3 billion.