Interim report: January – June 2025
Second quarter
Order intake increased by 6% to SEK 816 m (769). Organically, order intake increased by 8%
Net sales reached SEK 843 m (845). Organically, net sales decreased by 5%
Adjusted EBIT reached SEK 181 m (172), equal to a 21.4% (20.4) adjusted operating margin
EBIT reached SEK 138 m (104), equal to a 16.4% (12.3) operating margin
Adjusted profit after tax totaled SEK 126 m (103) and adjusted basic earnings per share were SEK 2.52 (2.12)
Profit after tax totaled SEK 84 m (34) and basic earnings per share were SEK 1.67 (0.70)
Cash flow from operating activities amounted to SEK 201 m (152)
First six months
Order intake increased by 41% to SEK 1,746 m (1,242). Organically, order intake increased by 10%
Net sales increased by 19% to SEK 1,733 m (1,461). Organically, net sales decreased by 10%
Adjusted EBIT reached SEK 399 m (309), equal to a 23.0% (21.1) adjusted operating margin
EBIT reached SEK 313 m (233), equal to a 18.1% (16.0) operating margin
Adjusted profit after tax totaled SEK 285 m (216) and adjusted basic earnings per share were SEK 5.69 (4.55)
Profit after tax totaled SEK 199 m (140) and basic earnings per share were SEK 3.96 (2.94)
Cash flow from operating activities amounted to SEK 388 m (210)
New organizational structure from 2025 to strengthen customer focus and cross-selling
CEO comments
UNCERTAINTY SURROUNDING TARIFFS DELAY INVESTMENTSThe second quarter has been characterized by a market with uncertainty and hesitation, where the global situation with unclear tariff regulations and geopolitical tensions continues to impact on our customers' investment decisions.
Order intake for the quarter amounted to SEK 816 million (769), representing an organic increase of 8%. The sustained organic growth comes from a modest improvement in the market for our core business, as well as a better alignment between our customers' inventory levels and demand, although we see a decrease in the volume of large project orders compared to the first quarter of the year.
With the continued strengthening of the Swedish Krona against the US Dollar, the figures for the quarter have been impacted. The effect on order intake has been particularly significant, as revaluation effects on the order book have become substantial.
Net sales for the quarter amounted to SEK 843 million (845), ...
