Key financial figures
KEY FIGURES – GROUP
| Amounts in SEK million | 2025 Jan-Mar | 2024 Jan-Mar | 2025 Jan-Dec |
|---|---|---|---|
| Net sales | 187.6 | 212.8 | 831.6 |
| Organic growth (%) | -5.8 | 5.3 | -5.9 |
| Gross margin (%) | 61.7 | 56.4 | 58.8 |
| Adjusted EBITDA | 35.7 | 33.3 | 152.6 |
| Adjusted EBITA | 19.0 | 19.5 | 95.1 |
| Adjusted EBITA margin (%) | 10.1 | 9.1 | 11.4 |
| Operating profit (EBIT) | 13.9 | 14.3 | 74.8 |
| Operating margin (%) | 7.4 | 6.7 | 9.0 |
| Net profit for the period after tax | 8.7 | 0.2 | 26.3 |
| Earnings per share after dilution (SEK) | 0.12 | 0.00 | 0.38 |
| Cash flow from operating activities | 61.3 | 8.2 | 151.4 |
| Net debt/Adjusted EBITDA (times)* | 0.8x | 1.9x | 1.2x |
QUARTERLY DATA – GROUP
| Amounts in SEK million | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 | 2026 Q1 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales | 200.8 | 212.1 | 221.9 | 279.1 | 212.8 | 197.5 | 212.5 | 208.9 | 187.3 |
| Gross margin (%) | 54.0 | 52.9 | 56.4 | 49.8 | 56.4 | 56.3 | 59.1 | 63.2 | 61.7 |
| EBITA | 12.9 | 11.7 | 25.4 | -64.4 | 19.5 | 13.7 | 30.6 | 31.9 | 19.0 |
| Adjusted EBITA | 19.4 | 15.0 | 30.1 | 25.4 | 19.5 | 13.7 | 32.0 | 29.9 | 19.0 |
| Adjusted EBITA margin (%) | 9.7 | 7.1 | 13.6 | 9.1 | 9.1 | 6.9 | 15.1 | 14.3 | 10.1 |
| Operating profit (EBIT) | 7.6 | 6.4 | 20.0 | -69.4 | 14.3 | 8.5 | 25.4 | 26.7 | 13.9 |
| Operating margin (%) | 3.8 | 3.0 | 9.0 | -24.9 | 6.7 | 4.3 | 11.9 | 12.8 | 7.4 |
| Net profit/loss for the period after tax | 0.6 | -1.9 | 6.6 | -47.3 | 0.2 | -1.4 | 14.4 | 13.1 | 8.7 |
| Earnings per share before dilution (SEK) | 0.01 | -0.03 | 0.09 | -0.68 | 0.00 | -0.02 | 0.21 | 0.19 | 0.12 |
| Average no. of shares (millions) | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 |
| Cash flow from operating activities | 45.1 | 22.3 | -3.4 | 58.8 | 8.2 | 31.2 | -18.5 | 130.5 | 61.3 |
| Net debt/Adjusted EBITDA (LTM) | 2.2x | 2.0x | 2.0x | 1.8x | 1.9x | 1.8x | 2.0x | 1.2x | 0.8x |
QUARTERLY DATA – SEGMENTS
| Amounts in SEK million | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 | 2026 Q1 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales | |||||||||
| Consumer | 131.6 | 134.5 | 149.6 | 183.8 | 141.1 | 127.9 | 161.2 | 158.9 | 142.7 |
| Professional | 69.1 | 77.6 | 72.2 | 95.3 | 71.7 | 69.6 | 51.3 | 50.0 | 45.0 |
| Segment profit/loss | |||||||||
| Consumer | 47.3 | 51.6 | 62.5 | 70.1 | 49.1 | 42.2 | 66.8 | 64.3 | 57.3 |
| Professional | -3.2 | -5.1 | -1.5 | -10.0 | 4.3 | 2.1 | 0.0 | 0.9 | -4.8 |
| Segment margin (%) | |||||||||
| Consumer | 35.9 | 38.4 | 41.8 | 38.1 | 34.8 | 33.0 | 41.4 | 40.4 | 40.1 |
| Professional | -4.6 | -6.5 | -2.1 | -10.5 | 6.0 | 3.0 | 0.0 | 1.8 | -10.7 |
Definitions
| Measure: | Definition/Calculation |
|---|---|
| Interest-bearing net debt | Interest-bearing liabilities adjusted for lease liabilities less interest-bearing assets and cash and cash equivalents. |
| Earnings per share | Net profit in SEK in relation to the average number of shares, according to IAS 33. |
| Alternative performance measures: | Definition/Calculation | Purpose |
|---|---|---|
| EVSE share of net sales | Sales of EV chargers and accessories as a share of total net sales from the divisions. | Used to measure sales of products for electric vehicles. |
| Gross margin | Gross profit as a percentage of net sales. | Used to measure product profitability. |
| Gross profit | Net sales less cost of goods sold, freight and customs. | Used to measure product profitability. |
| EBITA | Operating profit before amortisation and impairment of M&A-driven non-current assets. | Measure of the underlying earnings capacity of the business and facilitates comparison between the quarters. |
| Adjusted EBITA | EBITA before items affecting comparability. | Measure of the underlying earnings capacity of the business and facilitates comparison between the quarters. |
| Adjusted EBITA margin | Adjusted EBITA as a percentage of net sales. | This performance measure gauges the degree of profitability of the business. |
| Adjusted EBITDA | Operating income according to the income statement before items affecting comparability, depreciation/amortisation and impairment of intangible and tangible assets. | Measure of the underlying earnings capacity of the business and facilitates comparison between the periods. |
| Items affecting comparability | Items affecting comparability refers to material income and cost items that are recognised separately due to the significance of their nature and amounts. | Recognising items affecting comparability separately increases the comparability of operating profit over time. |
| LTM | Last Twelve Months. | Measure showing the outcome for the last twelve months. |
| Net debt/Adjusted EBITDA | Net debt in relation to Adjusted EBITDA LTM. | Measure showing the capacity to repay debt. |
| Organic growth | Change in net sales adjusted for acquisitions/divestments and currency effects. | Measure of internally generated growth. |
| Sales growth | Net sales for the current period in relation to net sales for the comparative period. | Aims to show the trend in net sales. |
| Segment profit/loss | Adjusted EBITDA excluding central items. | Measure showing the earnings capacity of the segment. |
| Segment margin | Earnings for the segment as a percentage of net sales for the segment. | Measure showing the earnings capacity of the segment. |
| Currency effects | Average exchange rate for the comparative period multiplied by sales in local currency for the current period. | Aims to show growth excluding currency effects. |
| Concept | Definition/Calculation | Purpose |
|---|---|---|
| Central | Sales in Central comprise items that cannot be attributable to any specific segment. Also includes Group-wide income and costs that cannot be allocated to the segments. | Items that are not directly attributable to the segments. |