Utenos Trikotažas saw overall first‑half revenue slip 8.1% to EUR 8.0 million, but growth in key export markets and double‑digit own‑brand sales cushioned the decline
Executive summary: Utenos Trikotažas generated EUR 8.0 million in revenue from product sales and services in H1 2026, an 8.1% decline compared with H1 2025. The decline was offset by growth in key export markets and double‑digit own‑brand sales, indicating that export strength is cushioning domestic weakness.
Who is involved: Utenos Trikotažas (SBA Group subsidiary), its export markets, and its own‑brand business unit.
Likely next: The company will likely focus on sustaining export growth and expanding its own‑brand portfolio while monitoring domestic demand; the next financial update is expected in Q3 2026.
Utenos Trikotažas, a subsidiary of SBA Group, reported EUR 8.0 million of product and service revenue for H1 2026, down 8.1% year‑on‑year. Despite the overall decline, the company said it continued to expand in its core export markets and its own brand posted double‑digit growth. The results suggest that export demand and brand strength are offsetting weaker domestic sales, highlighting the company’s reliance on overseas markets for growth.
Timeline
- — Utenos Trikotažas Maintains Growth in Key Export Markets, Own Brand Posts Double-Digit Growth (GlobeNewswire)
- — „Utenos trikotažas“: pagrindinėse eksporto rinkose išlaikytas augimas, vystomas prekių ženklas augo dviženkliu tempu (GlobeNewswire)
Analysis — what this means
Sectors affected
- Lithuanian textile export market
- own‑brand apparel segment
Sources
- Utenos Trikotažas Maintains Growth in Key Export Markets, Own Brand Posts Double-Digit Growth — GlobeNewswire
- „Utenos trikotažas“: pagrindinėse eksporto rinkose išlaikytas augimas, vystomas prekių ženklas augo dviženkliu tempu — GlobeNewswire