Storskogen

Fourth quarter (1 October - 31 December 2024)

• Net sales decreased by 5 percent to SEK 8,591 million (8,997).
• Adjusted EBITA increased by 20 percent to SEK 849 million (706), corresponding to an adjusted EBITA margin of 9.9 percent (7.8).
• Operating profit (EBIT) increased to SEK 678 million (520).
• Profit for the quarter increased to SEK 388 million (143).
• Basic/diluted earnings per share amounted to SEK 0.20 (0.06).
• Adjusted diluted earnings per share amounted to SEK 0.19 (0.04).
• Cash flow from operating activities was SEK 1,680 million (1,459).
• Storskogen issued bonds with settlement on 3 October of SEK 1,250 million maturing in 2028, and repurchased bonds of SEK 908 million maturing in 2025.
• Storskogen presented new financial targets for the period 2025-2027 at its Capital Markets Day.

The period (1 January - 31 December 2024)

• Net sales decreased by 5 percent to SEK 34,182 million (36,006). Organic sales growth was 0 percent.
• Adjusted EBITA was SEK 3,229 million (3,238), corresponding to an adjusted EBITA margin of 9.4 percent (9.0). Organic EBITA growth was -3 percent.
• Operating profit (EBIT) decreased to SEK 1,492 million (2,446), including items affecting comparability of SEK -947 million (69).
• Profit for the period decreased to SEK 116 million (944), including items affecting comparability of SEK -1,019 million (11).
• Basic earnings per share amounted to SEK -0.03 (0.47).
• Diluted earnings per share amounted to SEK -0.03 (0.46). Adjusted diluted earnings per share amounted to SEK 0.57 (0.46).
• Cash flow from operating activities was SEK 3,098 million (3,361).
• Five add-on acquisitions were completed with combined annual sales of SEK 23 million.
• Eleven divestments were completed, with combined annual sales of SEK 2,024 million.

Significant events after the end of the period

• The Board of Directors proposes a dividend of SEK 0.10 per share (0.09).
• Alexander Bjärgård is stepping down from Storskogen's management team to focus on leading Storskogen's Investment Committee. He is succeeded by Johan Ekström as Group Head of M&A and member of the management team. Ekström was previously Head of M&A in Sweden and Finland.

Amounts in parentheses are for the corresponding periods in 2023.

Presentation of the year-end report
Christer Hansson, CEO, and Lena Glader, CFO, will present the year-end report on 13 February 2025 at 09:00 (CET).

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/q4-report-2024/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.financialhearings.com/teleconference/?id=5004056

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/.