Karnell is a Stockholm-based industrial group that acquires and permanently owns niche B2B industrial technology and product companies, mainly in the Nordics, UK and nearby markets. It focuses on profitable, cash-generative mid-sized manufacturers and product owners rather than pure distributors, actively developing the portfolio with an evergreen ownership horizon.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q4 2024 | 405.5 | — | 30.4 | — |
| Q1 2025 | 361.9 | — | 19.7 | — |
| Q2 2025 | 433.4 | — | 36.8 | — |
| Q4 2025 | 462.7 | 14.1% | 38.5 | 26.6% |
| Q1 2026 | 460.5 | 27.3% | 26.5 | 34.5% |
| Q2 2026 | 589.2 | 36% | 55.1 | 49.7% |
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Other companies on Stockholm: NOTE AB (publ) (NOTE), Nyab AB (publ) (NYAB), Ependion AB (EPEN), Morrow Bank AB (MORROW), Coor Service Management Holding AB (COOR), Corem Property Group AB (publ) (CORE A)