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EURO Q1 Profit Soars 38%

EURO Q1 Profit Soars 38%

MGR Online•Economy•17d ago

Reader Briefing

Euro Creations reports a strong Q1 2026 with net profit up 38%, driven by its expanded lifestyle and wellness solutions strategy.

  • •Euro Creations (EURO) announced a 38.1% increase in net profit for Q1 2026, reaching 46 million baht.
  • •The company's revenue from sales and services grew by 17.6% to 366 million baht.
  • •A robust backlog of 1,495 million baht in outstanding sales orders is expected to support future revenue.

Overview

  • •On March 31, 2026, Euro Creations' Q1 2026 financial period concluded.
  • •Euro Creations reported a net profit of 46 million baht in Q1 2026, an increase of 38.1% compared to the previous year.
  • •Revenue from sales and services for Euro Creations in Q1 2026 reached 366 million baht, up 17.6%.
  • •The gross profit margin for Euro Creations improved to 50.6% in Q1 2026 from 48.8% in the same period last year.
  • •Euro Creations is implementing a Full Lifestyle and Wellness Living Solutions strategy to expand its brand portfolio and business structure.
  • •Euro Creations has an outstanding sales order backlog of over 1,495 million baht as of the end of Q1 2026.
  • •Euro Creations aims to achieve 10-15% revenue growth for the full year 2026.
  • •Euro Creations participated in Architect Fair '69 from April 28 – May 3, 2026, showcasing global design concepts.
  • •Kevin Gamble, CEO of Euro Creations, stated that the Q1 performance indicates the company's strategy is on the right track.

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Key Quotes

Kevin Gamble
"The first quarter's performance reflects that the company's strategy is on the right track."
ผลงานไตรมาสแรกสะท้อนให้เห็นว่ากลยุทธ์ที่บริษัทฯ วางไว้กำลังเดินมาถูกทาง
Kevin Gamble
"It's not just short-term growth figures, but a sign that our business direction is starting to show clear results."
ไม่ใช่เพียงตัวเลขการเติบโตระยะสั้น แต่เป็นสัญญาณว่าทิศทางธุรกิจของเรากำลังเริ่มออกผลอย่างชัดเจน
Kevin Gamble
"Confident that it will drive full-year revenue for 2026 to grow at 10-15% according to the set target."
มั่นใจว่าจะผลักดันรายได้ทั้งปี 2026 เติบโตในระดับ 10-15% ตามเป้าหมายที่วางไว้

Key Entities

Organization

Euro Creations(ยูโร ครีเอชั่นส์)
A company that offers luxury lifestyle and wellness living solutions, reporting strong Q1 2026 financial results.
Cassina
A brand of luxury furniture owned by Euro Creations, showcased at Architect Fair '69.
Molteni&C
A brand of luxury furniture within Euro Creations' portfolio.
Poltrona Frau
A brand of luxury furniture within Euro Creations' portfolio.
B&B Italia
A brand of luxury furniture within Euro Creations' portfolio.
Bang & Olufsenℹ️
A sound and smart home brand offered by Euro Creations.
Technogymℹ️
A health and fitness product brand offered by Euro Creations.
Vispring
A luxury mattress brand offered by Euro Creations.
Fretteℹ️
A luxury bedding and linen brand offered by Euro Creations.

Person

Kevin Gamble(เควิน กัมบีร์)
Chief Executive Officer (CEO) of Euro Creations, commenting on the company's Q1 performance and future strategy.

Place

Impact Muang Thong Thani(อิมแพ็ค เมืองทองธานี)
The venue for Architect Fair '69.