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Duell

2.12 EUR

-1.40 %

1,936 following
Corporate customer

DUELL

First North Finland

Retailers

Consumer Goods & Services

-1.40 %
-25.09 %
-35.76 %
-35.76 %
-49.16 %
-67.78 %
-92.95 %
-
-98.02 %

Duell is an import company. The company's own and imported products are sold through a distribution network covering the European markets. Duell’s range of imported products includes equipment, accessories and spare parts for motorcycling, snowmobiling. boating, bicycling, ATVs/UTVs, mopeds and scooters. The company was founded in 1983 and its headquarters is located in Mustasaari, Finland.

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Market cap
11.01M EUR
Turnover
22.41K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Reduce
Target price
Updated
01.04.2026
Disclaimer
Tommi Saarinen
Tommi Saarinen

Analyst

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
9.4.
2026

Interim report Q2'26

2.7.
2026

Business review Q3'26

15.10.
2026

Annual report '26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Third party research

Duell: Catching up required after Q1 miss - Evli

Duell's Q1 figures fell short of our estimates, particularly on the top line, with sales weaker than expected in both the Nordics and Central Europe. Challenges in France are expected to affect performance throughout the year, prompting us to lower net...

Duell

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Third party research

Duell: A slightly softer quarter than expected - Evli

Duell reported Q1 net sales at EUR 25.0m, below our forecast of EUR 27.0, while adj. EBITA came in at EUR -0.1m, also below our estimate. Issues in France persisted and the slow start to the winter season affected sales in the Nordics.

Duell
Third party research

Duell: Expecting a challenging start to FY26 - Evli

Duell reports Q1 (Sep–Nov) on January 14. We expect a challenging quarter, with weak market conditions, elevated dealer inventories and France weighing on performance.

Duell
Forum discussions
The board has indeed shown its expertise in recent years. Clearly the biggest culprit for the current situation, having taken too much risk with acquisitions and failing in its CEO selection. Rahkonen is a new member, but the chairman in particular has proven himself, along with ...
yesterday
by Karhu Hylje
6
Inderes Duell Q2'26: Odotamme turbulenssia käännepolulla - Inderes Odotamme liikevaihdon laskeneen sääolosuhteiltaan heikon talvisesongin sekä Ranskan liiketoiminnan sisäisten haasteiden saattelemana. After considerable deliberation, Duell’s stock ultimately remained on the Reduce...
4/1/2026, 8:12 PM
by Tommi_Saarinen
6
Previous covenants took into account net debt and working capital fluctuations. Thus, covenant limits tighten towards the end of the fiscal year, as the assumption is that working capital is released and net debt decreases. The new covenant terms likely have the same dynamic. If ...
4/2/2026, 7:16 AM
by Tommi_Saarinen
5
Duell Annual Report: “Inventory and Trade Receivables Valuation Principles Inventory is valued using the weighted average cost method at its acquisition cost or lower probable selling price or replacement cost. Only variable costs are included in the value of inventory. The valuation...
3/31/2026, 10:53 AM
by S_Nyyssonen
5
So, if I understood your view correctly, your assumption is that the most important quarters, Q3 and Q4, will fail in terms of cash flow, leading to a cash crisis for the company next winter? There are many variables and assumptions behind that, as it is now expected that Q2 performed...
4/2/2026, 8:45 AM
by S_Nyyssonen
3
As I understand it, that credit limit cannot simply be utilized if the financing covenants (net debt/EBITDA) are simultaneously breached. The earnings level does not allow it.
4/2/2026, 6:14 AM
by Karhu Hylje
2
Remember the earnings live broadcast on Thursday, April 9th, at 8:25 AM Inderes Duell Q2'26 -tuloslive to 9.4. klo 8:25 - Inderes Aika: 09.04.2026 klo 08.25 Analyytikko Tommi Saarinen käy läpi Duellin Q2-tulosta livessä torstaina 9.4. klo 8:25 alkaen.
4 hours ago
by Sijoittaja-alokas
1
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