Key financial figures
KEY FIGURES – GROUP
| Amounts in SEK million | 2025 Jan-Mar | 2024 Jan-Mar | 2024 Jan-Dec | LTM |
|---|---|---|---|---|
| Net sales | 212.8 | 200.8 | 913.8 | 925.8 |
| Organic growth (%) | 5.3 | -18.7 | 3.7 | 10.6 |
| Net sales EVSE | 27.3 | 34.8 | 177.4 | 169.9 |
| EVSE share of net sales (%) | 12.8 | 17.3 | 19.4 | 18.4 |
| Gross margin (%) | 56.4 | 54.0 | 53.0 | 53.6 |
| Adjusted EBITDA | 33.3 | 32.2 | 143.2 | 144.4 |
| Adjusted EBITA | 19.5 | 19.4 | 89.9 | 90.0 |
| Adjusted EBITA margin (%) | 9.1 | 9.7 | 9.8 | 9.7 |
| Operating profit (EBIT) | 14.3 | 7.6 | -35.4 | -28.7 |
| Operating margin (%) | 6.7 | 3.8 | -3.9 | -3.1 |
| Net profit for the period after tax | 0.2 | 0.6 | -42.0 | -42.4 |
| Earnings per share after dilution (SEK) | 0.00 | 0.01 | -0.60 | -0.61 |
| Cash flow from operating activities | 8.2 | 45.1 | 122.7 | 85.9 |
| Net debt/Adjusted EBITDA (times)* | 1.9x | 2.2x | 1.8x | – |
QUARTERLY DATA – GROUP
| Amounts in SEK million | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 189.9 | 199.2 | 240.3 | 200.8 | 212.1 | 221.9 | 279.1 | 212.8 |
| Net sales EVSE | 60.7 | 35.4 | 38.3 | 34.8 | 45.2 | 34.0 | 63.3 | 27.3 |
| Net sales EVSE (%) | 30.6 | 17.8 | 16.0 | 17.3 | 21.3 | 15.3 | 22.7 | 12.8 |
| Gross margin (%) | 50.4 | 51.6 | 53.6 | 54.0 | 52.9 | 56.4 | 49.8 | 56.4 |
| EBITA | -5.5 | -59.8 | 29.1 | 12.9 | 11.7 | 25.4 | -64.4 | 19.5 |
| Adjusted EBITA | 2.8 | 18.2 | 30.7 | 19.4 | 15.0 | 30.1 | 25.4 | 19.5 |
| Adjusted EBITA margin (%) | 1.4 | 9.1 | 12.8 | 9.7 | 7.1 | 13.6 | 9.1 | 9.1 |
| Operating profit (EBIT) | -12.5 | -232.8 | 23.5 | 7.6 | 6.4 | 20.0 | -69.4 | 14.3 |
| Operating margin (%) | -6.3 | -116.9 | 9.8 | 3.8 | 3.0 | 9.0 | -24.9 | 6.7 |
| Net profit/loss for the period after tax | -22.1 | -216.7 | -0.5 | 0.6 | -1.9 | 6.6 | -47.3 | 0.2 |
| Earnings per share before dilution (SEK) | -0.32 | -3.10 | -0.01 | 0.01 | -0.03 | 0.09 | -0.68 | 0.00 |
| Average no. of shares (millions) | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 | 70.0 |
| Cash flow from operating activities | 38.5 | -14.4 | 74.7 | 45.1 | 22.3 | -3.4 | 58.8 | 8.2 |
| Net debt/Adjusted EBITDA (LTM) | 3.4x | 3.7x | 2.7x | 2.2x | 2.0x | 2.0x | 1.8x | 1.9x |
QUARTERLY DATA – SEGMENTS
| Amounts in SEK million | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|
| Net sales | ||||||||
| Consumer | 106.3 | 131.1 | 172.5 | 131.6 | 134.5 | 149.6 | 183.8 | 141.1 |
| Professional | 92.2 | 67.9 | 67.2 | 69.1 | 77.6 | 72.2 | 95.3 | 71.7 |
| Segment profit/loss | ||||||||
| Consumer | 38.3 | 53.4 | 71.9 | 47.3 | 51.6 | 62.5 | 70.1 | 49.1 |
| Professional | -5.8 | -8.2 | -9.6 | -3.2 | -5.1 | -1.5 | -10.0 | 4.3 |
| Segment margin (%) | ||||||||
| Consumer | 36.1 | 40.7 | 41.7 | 35.9 | 38.4 | 41.8 | 38.1 | 34.8 |
| Professional | -6.3 | -12.1 | -14.3 | -4.6 | -6.5 | -2.1 | -10.5 | 6.0 |
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. |