Storskogen

Second quarter (1 April - 30 June 2025)

• Net sales decreased by 9 percent to SEK 8,452 million (9,243), affected by divestments of -5 percent.
• Adjusted EBITA decreased by 6 percent to SEK 843 million (894), corresponding to an adjusted EBITA margin of 10.0 percent (9.7).
• Operating profit increased to SEK 661 million (-268).
• Profit for the quarter increased to SEK 260 million (-671).
• Basic/diluted earnings per share amounted to SEK 0.13 (-0.43).
• Adjusted diluted earnings per share amounted to SEK 0.19 (0.16).
• Cash flow from operating activities was SEK 527 million (855).
• Chris Pullen succeeded Philip Löfgren as interim Managing Director of Storskogen UK and member of the Executive Management Team.
• Storskogen issued bonds of SEK 1,250 million with an interest of 290 bps p.a. + Stibor 3m with maturity in 2029 and repurchased bonds of SEK 2,000 million with an interest of 687.5 bps p.a. + Stibor 3m with maturity in 2027. The one-off cost of the repurchase was SEK 80 million.

The period (1 January - 30 June 2025)

• Net sales decreased by 7 percent to SEK 16,392 million (17,600), impacted by divestments of -5 percent. Organic sales growth was 0 percent.
• Adjusted EBITA decreased by 3 percent to SEK 1,542 million (1,597), corresponding to an adjusted EBITA margin of 9.4 percent (9.1). Organic EBITA growth was -6 percent.
• Operating profit increased to SEK 1,164 million (210).
• Profit for the period increased to SEK 476 million (-527).
• Basic/diluted earnings per share amounted to SEK 0.25 (-0.36).
• Adjusted diluted earnings per share amounted to SEK 0.31 (0.26).
• Cash flow from operating activities was SEK 640 million (964).
• Two add-on acquisitions were completed with combined annual sales of SEK 32 million.

Significant events after the end of the period

• One add-on acquisition was completed, with annual sales of SEK 47 million.
• Two platform acquisitions were completed with combined annual sales of SEK 116 million.

Amounts in parentheses are for the corresponding period in 2024.

Presentation of the interim report
Christer Hansson, CEO, and Lena Glader, CFO, will present the interim report on 12 August 2025 at 09:00 (CEST).

The presentation and the subsequent Q&A can be followed via webcast or telephone conference.

For participation via webcast, please use the following link:
https://storskogen-group.events.inderes.com/q2-report-2025/register   

If you wish to participate via telephone conference, please register via the link below. After registration you will be provided with a phone number and conference ID to access the conference. You can ask questions verbally via the telephone conference.
https://conference.inderes.com/teleconference/?id=5003229   

Questions can also be sent to ir@storskogen.com

The presentation and the webcast will be made available on Storskogen’s website after the presentation and can be found via the following link: https://www.storskogen.com/investors/financial-reports/