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Karnov Group AB/Skr KAR

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About Karnov Group AB

Karnov Group AB is a company operating in the legal information services industry, providing essential data and workflow solutions primarily for professionals in the legal and regulatory sectors. It offers a wide range of digital information services, including databases, software tools, and online platforms that assist in legal reference and compliance. The company is headquartered in Stockholm, Sweden, and serves markets primarily in Scandinavia and parts of Europe. Karnov Group is recognized for its strategic focus on delivering comprehensive legal and regulatory content that supports the needs of law firms, corporate departments, and public sector clients. Its competitive strength lies in the depth and reliability of its information resources, integrated with technology to enhance user experience and efficiency. Sources: https://www.karnovgroup.com
Ticker
Skr KAR
Sector
Software & Cloud Services
Primary listing
XSTO
Employees
1,100
Headquarters
Stockholm, Sweden

Karnov Group AB Metrics

BasicAdvanced
kr 7.9B
8.97
kr 9.18
0.57
-

What the Analysts think about Karnov Group AB

Analyst ratings (Buy, Hold, Sell) for Karnov Group AB stock.
Analyst projections of the future price of Karnov Group AB stock.

Bulls say / Bears say

Online Legal grew 6.6% in Q2, with 11% growth in Region North, as customers upgraded to AI-supported products. The new AI workflow layer extends this upselling opportunity, and Karnov said customers had already bought it in several markets. (Karnov Group)
Karnov’s legal content is authored by more than 7,000 experts, and the company says over 75% of sales come from markets where it is the largest provider. This proprietary material could help it offer legal AI that customers trust for authoritative answers. (Karnov Group)
Adjusted EBITA margin improved to 24.8% from 22.8% a year earlier, while cost-efficiency measures had generated SEK 219 million in annual run-rate synergies by June. Further savings could help lift margins towards the company’s medium-term target above 25%. (Karnov Group)
Group organic growth slowed to 2.4% in Q2 from 4.6% a year earlier, while reported sales fell 4.6%. That leaves limited room for error against the company’s medium-term organic growth target of 4–6%. (Karnov Group)
Weak legal-training sales in France weighed on the South, where organic growth was just 0.2%; the French business had a 2% adjusted EBITA margin. A prolonged recovery would hold back group growth and profitability. (Karnov Group)
A Danish lawyers’ association has complained to the competition authority about Karnov’s bundled pricing and removal of discounts. If regulators investigate and require changes, Karnov could face constraints on pricing or product packaging. (Jura360)
Data summarised monthly by Lightyear AI. Last updated on 10 Nov 2026.

Karnov Group AB Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Karnov Group AB Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.