companyName

extensiveId

feedTypes

includeDividend

includeEstimates

includeOverview

includeOwnership

snapshotDate

CompanyName_Query

companySlug

CompanyMetaData

CompanyContent_query

company

query CompanyName_Query(
  $companyName: String!
  $extensiveId: ID
  $snapshotDate: String
  $feedTypes: [ContentType!]!
  $includeEstimates: Boolean!
  $includeOverview: Boolean!
  $includeOwnership: Boolean!
  $includeDividend: Boolean!
) {
  ...CompanyMetaData_Ux1x9
  ...CompanyContent_query_3mc3wd
}

fragment AnalystData on Analyst {
  name
  pageUrl
  jobTitle
  imgUrl
}

fragment AuthorList on Content {
  __isContent: __typename
  id
  authors {
    __typename
    id
    name
    pageUrl
  }
}

fragment ChangePercentBlock_Company on Company {
  defaultInstrument {
    isin
    symbol
    priceData {
      diff1mPercentage
      diff1yPercentage
      diff3yPercentage
      diffFromStartPercentage
    }
    id
  }
}

fragment CompactFeed_3NXCcw on Query {
  compactFeed: feedContent(companySlug: $companyName, filter: {types: $feedTypes}) {
    edges {
      node {
        __typename
        id
        ...TeaserExtraCompact_content
        createdAt
        companies {
          viewerIsFollowing
          id
        }
      }
      cursor
    }
    pageInfo {
      endCursor
      hasNextPage
    }
  }
}

fragment CompanyAnalystQuery on Company {
  analysts {
    ...AnalystData
    name
    pageUrl
    jobTitle
    imgUrl
    id
  }
}

fragment CompanyContent_query_3mc3wd on Query {
  ...CompanyHeader_query_Ux1x9
  ...CompanyOwnership_query_Ux1x9 @include(if: $includeOwnership)
  ...CompanyFinancials_query_Ux1x9 @include(if: $includeEstimates)
  ...CompanyDividend_query_Ux1x9 @include(if: $includeDividend)
  ...CompanyInvestorConsensus_query_Ux1x9
  ...CompanyPageTop_query_Ux1x9 @include(if: $includeOverview)
  ...CompanyPageBottom_query_2bVJwf @include(if: $includeOverview)
  ...CompanyDisclaimer_query_Ux1x9
  ...Extensive_query_3u4Ry5
}

fragment CompanyCoverage_Company on Company {
  analysts {
    name
    id
  }
  isPayingCustomerOf
  isFormerCustomerOf
  isCorporateCustomer
  ...CompanyAnalystQuery
  defaultInstrument {
    ...TargetAndRecommendation_Company
    id
  }
}

fragment CompanyDescription_Company on Company {
  description
  websiteUrl
  name
}

fragment CompanyDisclaimer_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    isPayingCustomerOf
    isFormerCustomerOf
    id
  }
}

fragment CompanyDividendER_query on Company {
  name
  defaultInstrument {
    estimateData {
      reportingCurrency
    }
    dividendTransactions: estimateTransactions(first: 1, includeQuarters: false) {
      actualized {
        year
        dividend
        dividendYield
        payoutPercentage
        sharePrice
      }
      estimates {
        year
        dividend
        dividendYield
        payoutPercentage
        sharePrice
      }
    }
    id
  }
}

fragment CompanyDividendNonER_query on Company {
  name
  defaultInstrument {
    nonERDividendSet: nonERCompanyNumberSet(includeQuarters: false) {
      year
      dividend
      dividendYield
      epsReported
      sharePrice
      currency
    }
    id
  }
}

fragment CompanyDividend_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    ...CompanyDividendER_query
    ...CompanyDividendNonER_query
    defaultInstrument {
      coreId
      id
    }
    id
  }
}

fragment CompanyFinancials_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    ...NonERCompanyNumbers_query
    ...CompanyNumbers_query
    defaultInstrument {
      coreId
      id
    }
    id
  }
}

fragment CompanyHeader_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    id
    companyInsref
    name
    viewerIsFollowing
    followersCount
    isCorporateCustomer
    hasPinpointData
    hasDividendHistory
    sector {
      sectorname
      industry
    }
    regions
    extensiveExists
    defaultInstrument {
      symbol
      priceData {
        tradeCurrency
        lastPrice
        diff1dPercentage
      }
      marketplace {
        name
      }
      estimates: estimateTransactions(first: 1, includeQuarters: false) {
        date
      }
      nonERCompanyNumberSet(first: 1, includeQuarters: false) {
        year
      }
      id
    }
    topOwners {
      holders {
        name
      }
    }
    transactions: insiderTransactions(filter: {types: [BUY, SELL, SUBSCRIPTION]}) {
      edges {
        node {
          date
          id
        }
      }
    }
  }
}

fragment CompanyInsiderTransactions on Company {
  name
  regions
  insiderTransactions(filter: {types: [BUY, EXERCISE_OF_SHARE_OPTION, PLEDGE, RECEPTION_OF_SHARE_PREMIUM, SELL, SUBSCRIPTION]}) {
    edges {
      node {
        insider
        position
        volume
        price
        date
        unit
        type
        relatedParty
        id
      }
    }
  }
}

fragment CompanyInvestorConsensus_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    companyInsref
    id
  }
}

fragment CompanyMetaData_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    description
    pageUrl
    defaultInstrument {
      estimateData {
        modelType
      }
      id
    }
    id
  }
}

fragment CompanyName_Slug on Company {
  slug
}

fragment CompanyNumbers_query on Company {
  name
  defaultInstrument {
    estimateData {
      modelType
      reportingCurrency
    }
    estimateTransactions(first: 1, includeQuarters: true) {
      comparisonIndexName
      actualized {
        year
        quarter
        revenue
        revenueGrowth
        ebitda
        ebitAdjusted
        ebitReported
        preTaxProfit
        netEarnings
        epsReported
        epsAdjusted
        dividend
        payoutPercentage
        roePercent
        roiPercent
        enterpriseValue
        bookValue
        marketCap
        gearingPercent
        equityRatio
        dividendYield
        totalCosts
        loanLosses
        balanceSheetTotal
        tangibleBook
        cet1
        rwa
        sharePrice
        sharesTotal
        nav
        navPerShare
        opexOfNav
        totalShareholderReturn
        comparisonIndexReturn
        netDebtTotalAsset
        quarterlySharePrice
      }
      estimates {
        year
        quarter
        revenue
        revenueGrowth
        ebitda
        ebitAdjusted
        ebitReported
        preTaxProfit
        netEarnings
        epsReported
        epsAdjusted
        dividend
        payoutPercentage
        roePercent
        roiPercent
        enterpriseValue
        bookValue
        marketCap
        gearingPercent
        equityRatio
        dividendYield
        totalCosts
        loanLosses
        balanceSheetTotal
        tangibleBook
        cet1
        rwa
        sharePrice
        sharesTotal
        nav
        navPerShare
        opexOfNav
        totalShareholderReturn
        comparisonIndexReturn
        netDebtTotalAsset
        quarterlySharePrice
      }
    }
    id
  }
}

fragment CompanyOverviewGraphs_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      companyTransactions: estimateTransactions(first: 1, includeQuarters: false) {
        actualized {
          year
          revenue
          ebitAdjusted
          epsAdjusted
          dividendYield
          navPerShare
          totalShareholderReturn
        }
        estimates {
          year
          revenue
          ebitAdjusted
          epsAdjusted
          dividendYield
          navPerShare
          totalShareholderReturn
        }
      }
      id
    }
    id
  }
}

fragment CompanyOwners on Company {
  regions
  topOwners {
    recordDate
    compareDate
    source
    holders {
      name
      capitalPercent
      votingPowerPercent
      positionChange
      totalSharesChange
      shareChange
      isNew
      isRemoved
    }
  }
}

fragment CompanyOwnership_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    ...CompanyOwners
    ...CompanyInsiderTransactions
    id
  }
}

fragment CompanyPageBottom_query_2bVJwf on Query {
  ...GeneralFeed_data_3NXCcw
  ...CompactFeed_3NXCcw
  ...UpcomingEventsQuery_Ux1x9
  ...RiskRecommendMatrix_query_Ux1x9
  ...CompanyOverviewGraphs_query_Ux1x9
  ...NonERCompanyOverviewGraphs_query_Ux1x9
  company(companySlug: $companyName) {
    companyInsref
    ...ForumUpdates_Company
    defaultInstrument {
      coreId
      id
    }
    id
  }
  allFeed: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  main: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true, types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT, ANALYST_COMMENT, VIDEO, ARTICLE]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  webcasts: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true, types: [WEBCAST]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  thirdPartyResearch: feedContent(first: 1, companySlug: $companyName, filter: {types: [THIRD_PARTY_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  releases: feedContent(first: 1, companySlug: $companyName, filter: {types: [STOCK_EXCHANGE_RELEASE, PRESS_RELEASE]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
}

fragment CompanyPageTop_query_Ux1x9 on Query {
  ...StockChart_ChartQuery_Ux1x9
  ...LatestReports_query_Ux1x9
  company(companySlug: $companyName) {
    isFund
    name
    ...CompanyCoverage_Company
    ...CompanyName_Slug
    ...CompanyDescription_Company
    ...FundNumbers_Company
    ...ChangePercentBlock_Company
    ...KeyEstimateFigures_Company
    ...InvestmentCompanyKeyFigures_Company
    defaultInstrument {
      id
      estimateData {
        modelType
      }
    }
    analysts {
      name
      id
    }
    id
  }
  extensiveReport: feedContent(first: 1, companySlug: $companyName, filter: {types: [EXTENSIVE_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  analysis: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku", "Arvonluojat"]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  analysisArvonluojat: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku"]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment Extensive_query_3u4Ry5 on Query {
  company(companySlug: $companyName) {
    extensive(extensiveId: $extensiveId, snapshotDate: $snapshotDate) {
      publishedAt
      pageUrl
      content {
        id
        title
        lang
        slug
        htmlBody
        publishedAt
        createdAt
        changedAt
        isOutdated
      }
    }
    id
  }
}

fragment ForumUpdates_Company on Company {
  name
  forum {
    threadUrl
    highlightedPosts {
      url
      author
      authorImgUrl
      text
      postedAt
      likesCount
    }
  }
}

fragment FundNumbers_Company on Company {
  defaultInstrument {
    isin
    symbol
    priceData {
      lastPrice
      ath
    }
    id
  }
}

fragment GeneralFeed_data_3NXCcw on Query {
  generalFeed: feedContent(first: 20, companySlug: $companyName, filter: {types: $feedTypes}) {
    edges {
      node {
        __typename
        id
        ...Teaser_content
        ...TeaserCompact_content
      }
      cursor
    }
    pageInfo {
      endCursor
      hasNextPage
    }
  }
}

fragment InvestmentCompanyKeyFigures_Company on Company {
  marketData {
    marketCap
  }
  defaultInstrument {
    priceData {
      tradeCurrency
      dailyTurnover
    }
    estimateData {
      modelType
    }
    estimateTransactions(first: 1, includeQuarters: true) {
      actualized {
        year
        quarter
        sharesTotal
        marketCap
        nav
        navPerShare
        dividendYield
        quarterlySharePrice
      }
      estimates {
        year
        quarter
        dividendYield
      }
    }
    id
  }
}

fragment KeyEstimateFigures_Company on Company {
  marketData {
    marketCap
  }
  defaultInstrument {
    priceData {
      tradeCurrency
      dailyTurnover
      lastPrice
      marketCap
    }
    sector
    fundamentalData {
      ebit
      eps
      sales
      dividend
    }
    estimateData {
      modelType
      estimates {
        firstEstimateYear {
          year
          bookValue
          netSales
          dividendA
          epsAdjusted
          ebitAdjusted
          hybridLoan
          noOfShares
          netDebt
          mvMinorities
          mvAssociated
          roePercent
        }
      }
    }
    estimatesSharePrice: estimateTransactions(first: 1) {
      estimates {
        sharePrice
      }
    }
    id
  }
}

fragment LatestReports_query_Ux1x9 on Query {
  extensiveReport: feedContent(first: 1, companySlug: $companyName, filter: {types: [EXTENSIVE_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
  analysis: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku", "Arvonluojat"]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
  analysisArvonluojat: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku"]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
}

fragment NonERCompanyNumbers_query on Company {
  name
  defaultInstrument {
    nonERNumberSet: nonERCompanyNumberSet(includeQuarters: true) {
      year
      quarter
      revenue
      ebitda
      ebitReported
      epsReported
      dividend
      sharesTotal
      roe
      roi
      enterpriseValue
      marketCap
      gearingRatio
      equityRatio
      dividendYield
      sharePrice
      currency
      evSales
      evEbitda
      evEbit
      pb
      netIncome
      ptp
    }
    id
  }
}

fragment NonERCompanyOverviewGraphs_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      overviewGraphsData: nonERCompanyNumberSet(includeQuarters: false) {
        year
        revenue
        ebitReported
        epsReported
        dividend
        dividendYield
        currency
      }
      id
    }
    id
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment RiskRecommendMatrix_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      riskData: estimateTransactions(first: 1) {
        businessRisk
        valuationRisk
      }
      id
    }
    id
  }
}

fragment StockChart_ChartQuery_Ux1x9 on Query {
  company(companySlug: $companyName) {
    isFund
    defaultInstrument {
      coreId
      id
      marketOpen
      marketClose
      marketplace {
        region
      }
      priceData {
        lastPrice
      }
      returns {
        day
        week
        month
        threeMonths
        sixMonths
        year
        threeYears
        fiveYears
        tenYears
        ytd
        total
      }
    }
    id
  }
}

fragment TargetAndRecommendation_Company on Instrument {
  estimateData {
    modelType
    researchCurrency
    estimates {
      date
      recommendation
      targetPrice
    }
  }
}

fragment TeaserCompact_content on Content {
  __isContent: __typename
  __typename
  id
  type
  title
  createdAt
  isPremium
  pageUrl
  lang
  companies {
    ...CompanyTagList
    id
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
  ...AuthorList
}

fragment TeaserExtraCompact_content on Content {
  __isContent: __typename
  id
  title
  createdAt
  pageUrl
  lang
  companies {
    name
    pageUrl
    viewerIsFollowing
    id
  }
}

fragment Teaser_content on Content {
  __isContent: __typename
  __typename
  id
  type
  title
  createdAt
  pageUrl
  imgUrl
  isPremium
  lang
  companies {
    ...CompanyTagList
    id
  }
  publishers {
    imgUrl
  }
  authors {
    __typename
    id
  }
  ... on AnalystComment {
    preview
  }
  ... on Article {
    preview
  }
  ... on CompanyReport {
    preview
  }
  ... on ThirdPartyCompanyReport {
    preview
  }
  ... on QA {
    preview
  }
  ... on Video {
    preview
    liveTime
    videoDuration
  }
  ... on Webcast {
    preview
    liveTime
  }
  ...AuthorList
  ...Reactions
}

fragment UpcomingEventsQuery_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      calendarEvents(first: 10) {
        edges {
          node {
            date
            type
            period
            id
          }
        }
      }
      id
    }
    id
  }
}


name

description

pageUrl

defaultInstrument

companyInsref

viewerIsFollowing

followersCount

isCorporateCustomer

hasPinpointData

hasDividendHistory

sector

regions

extensiveExists

topOwners

insiderTransactions

isPayingCustomerOf

isFormerCustomerOf

extensive

feedContent

First North Stockholm

Saxlund Group operates in environmental technology. The company specializes in air and gas purification and offers complete solutions that involve flue gas purification and dust separation, components and associated technical consultation and service maintenance. The majority of customers are found throughout the Nordic market, primarily in the industrial and energy sectors. The company was known as Pilum until 2017 and is headquartered in Stockholm.

Well then, the question mark has been added back to the title. It’s starting to look like a turnaround company, but in which year and in which direction?   Share issue at a price of SEK 0.01 per share  Subscription rights in an 11:1 ratio for owners at the end of August.  Dilution over 90%  Summary of the Rights Issue  One (1) existing share in the Company entitles to eleven (11) subscription rights. One (1) subscription right entitles you to subscribe for one (1) share. This means that the Rights Issue comprises a maximum of 7,051,657,085 new shares. The subscription price in the rights issue is SEK 0.01 per share. Through the Rights Issue, a maximum of approximately SEK 70.5 million can be added to Saxlund before deductions for costs attributable to the Rights Issue, which are estimated to amount to approximately SEK 6.7 million, of which approximately SEK 5.3 million is warranty compensation. Mats Gabrielsson, Mind Finance AB (“Mind Finance”) and BO Intressenter AB (“BO Intressenter”), which together hold approximately 24.1 percent of the total number of shares and votes in Saxlund, have undertaken to subscribe their respective pro rata shares in the Rights Issue, corresponding to a total of approximately SEK 17.0 million. In addition, BO Intressenter, subject to the approval of the extraordinary general meeting, has entered into a guarantee commitment of approximately SEK 48.6 million, corresponding to approximately 68.9 percent of the rights issue. The rights issue is thus covered to approximately 93.0 percent by subscription obligations and guarantee commitments. The subscription obligations and the guarantee commitment are further conditional on the extraordinary general meeting approving the rights issue in accordance with the conditions of the Swedish Stock Exchange Board to grant an exemption from the obligation to bid as described under " Exemption from the obligation to bid " below. The subscription period runs from and including September 2, 2024 to and including September 16, 2024, or the later date decided by the board. Subscription rights that are not exercised during the subscription period become invalid and lose their value. Trading in subscription rights is planned to take place on the Nasdaq First North Growth Market from and including September 2, 2024 to and including September 11, 2024. Trading in BTA (paid subscribed shares) is planned to take place on the Nasdaq First North Growth Market during the period from and including the 5 September 2024 through September 27, 2024. The rights issue means a maximum dilution of approximately 91.7 percent. The rights issue is conditional on the approval of an extraordinary general meeting which is intended to be held on 26 August 2024. As it is not possible to issue new shares at a subscription price below the quota value, which currently amounts to approximately SEK 0.15 per share, the board intends to propose to the general meeting to also decide on measures to lower the quota value of the Company’s shares to a value corresponding to the subscription price in the Rights Issue. The measures that the board intends to propose for lowering the quota value require a change in the articles of association. The rights issue is further conditional on the extraordinary general meeting’s approval of BO Intressenter’s guarantee commitment and approval of the credit agreement (for more information, see the sections " Extra general meeting, board change and conditions for the implementation of the rights issue " and " Credit agreement and statement regarding working capital "). Notice of the extraordinary general meeting will be published through a separate press release. Anyone who is a shareholder in Saxlund on the record date of August 29, 2024 will have preferential rights to subscribe for new shares in the Rights Issue. The last trading day in Saxlund’s shares, including the right to receive subscription rights, is August 27, 2024. The shares are traded without the right to receive subscription rights from and including August 28, 2024. Registration for the subscription of shares will also be possible without the support of subscription rights. Full information regarding the Rights Issue and information about the Company will be provided in an EU growth prospectus which is expected to be published on the Company’s website around August 29, 2024.

I should have sold those shares around 10 SEK when they were trading there  Well, now an opportunity arose when an order landed in Germany, and at least for now, they’ve been cleaned out of the portfolio.  Subsidiary in Germany signs contract with Andritz AG worth approximately SEK 31 million Saxlund International GmbH has signed an agreement worth approximately SEK 31 million with the Austrian company Andritz AG for the delivery of sludge handling equipment to Saxony in Germany. The delivery will take place in 2026.             storage.mfn.se              dotterbolag-i-tyskland-tecknar-kontrakt-med-andritz-ag-till-ett-varde-om-ca-31-msek.pdf

It’s as if things are turning a bit for the better again   Not entirely convincing yet, but progress nonetheless.  The financial situation is significantly better after the anti-round  Losses cut and positive signals from sales  Backlog still weaker than intended  In Germany, the Greens might be getting a government seat    Fourth quarter 2024  Net sales amounted to SEK 78.6 (67.3) million. Operating profit before depreciation (EBITDA) amounted to SEK -1.8 (-13.0) million. Operating profit (EBIT) for the period amounted to SEK -2.5 (-13.9) million. Profit after tax amounted to SEK -4.0 (-14.9) million. Earnings per share amounted to SEK 0.00 (-0.02) before and after dilution.  Full year 2024  Net sales amounted to SEK 307.3 (308.1) million. Operating profit before depreciation (EBITDA) amounted to SEK -2.5 (-16.0) million. Operating profit (EBIT) for the period amounted to SEK -6.4 (-20.2) million. Profit after tax amounted to SEK -15.1 (-26.7) million. Earnings per share amounted to SEK -0.02 (-0.04) before and after dilution.  Significant events in the fourth quarter  The board of directors decides on a reverse split of the company’s shares, which was approved at the extraordinary general meeting on November 6, 2024. Subsidiary in Germany signs contract worth approximately SEK 12 million Subsidiary in Sweden signs contract worth approximately SEK 10 million  Significant events after the end of the reporting period  Subsidiary in Sweden receives an order for an option worth approximately SEK 14 million  Comment from CEO Fredrik Nordling For the fourth quarter, Saxlund reported sales of SEK 78.6 million, an increase of 17 percent compared to the same period last year. There has been strong sales in all markets, particularly in project operations. The EBITDA result for the quarter amounted to -1.8 MSEK, which is an improvement compared to the previous year of approximately 11.2 MSEK. The last quarter is normally a weak quarter for our business and it is pleasing that we are making such a strong improvement. The quarter is also affected by a one-off effect of 2.0 MSEK in the UK which relates to a period before 2024. Without this effect, we show a positive EBITDA result for the quarter. It is of course unfortunate that we need to make this adjustment in the UK, but we have control over the situation and are implementing measures to avoid similar adjustments in the future. When we sum up the year, I see that despite the changes we have implemented in recent years, we have a tough start. Then there is a clear turnaround during the summer, and we deliver a strong third quarter – in fact, the strongest in five years. Some of the highlights during the year include Germany delivering a strong year despite a challenging market climate in the domestic market. We signed a major agreement with the world’s largest furniture manufacturer. We have delivered well in hydropower in the Swedish market, where we have worked with both new and old customers over the past two years. This, combined with the high quality of what we have delivered to our customers, has meant that hydropower is a strong contributor to our margin improvement. In previous quarters, I have announced that we have a weaker order book than we have had historically. The order book has improved somewhat during the quarter but remains at a lower level than desirable. Our pipeline is strong and I expect that we will strengthen the order book from current levels going forward. Our focus is to grow our aftermarket, which has happened by four percent. The margin has increased by a full five percent within the segment when we compare between years. This is a contributing factor to the improved result. Personnel costs have increased more this year compared to previous years, which is due to the contractual wage increases that have been high during the year. Despite inflation and rent increases, we have reduced OPEX during the year by approximately five percent. We continue to work purposefully to streamline and maintain tight cost control. The necessary share issue that Saxlund carried out during the third quarter has meant that the group is free of long-term liabilities other than leasing. This results in reduced financing costs and a better environment for doing sound business. During the quarter, we have carried out a reverse split, which means that we have merged shares and significantly changed the number of shares and the share price. The decision was made to facilitate trading of the share. Our previous focus on profitability and efficiency will continue in 2025. We have two good quarters behind us and I look forward to seeing the impact of that focus in the coming quarters. After that, the plan is to gradually intensify our focus on growth again. Fredrik Nordling, CEO

Turnaround company turning in another direction again? Maybe it’s not going to the bottom after all  Q2 / H1 2025  January - June 2025  EBIT of SEK 0.7 million represents an improvement of SEK 3.8 million Reduced operating costs Strengthened margins  Second quarter 2025  Net sales amounted to SEK 58.6 (73.2) million. Operating profit before depreciation (EBITDA) amounted to SEK 1.8 (-1.9) million. Operating profit (EBIT) for the period amounted to SEK 0.7 (-3.0) million. Profit after tax amounted to SEK -0.8 (-6.5) million. Earnings per share amounted to -0.11 (-10.08[1]) SEK before and after dilution  First half of 2025  Net sales amounted to SEK 103.8 (149.0) million. Operating profit before depreciation (EBITDA) amounted to SEK -0.1 (-6.5) million. Operating profit (EBIT) for the period amounted to SEK -2.3 (-8.7) million. Profit after tax amounted to SEK -4.1 (-13.2) million. Earnings per share amounted to -0.57 (-20.52[2]) SEK before and after dilution   Run through a SE-EN translator  Comment from CEO Fredrik For the second quarter, we report sales of SEK 58.7 (73.2) million. The decrease of SEK 14.5 was largely expected. Despite lower sales, we deliver improved results, with an EBITDA of SEK 1.8 (-1.9) million. The result varies between the different quarters, but we can now state that we have accumulated a positive EBIT result over a rolling twelve months. This is an important milestone that reflects the extensive changes we have implemented over the past two years  Full package: https://storage.mfn.se/45dc127d-a5db-4ae3-91ef-64c2037583f/saxlund-kvartalsrapport-q2-2025.pdf

A new order after a long time, this time from Germany. Either it’s just quiet otherwise, or work is being sought with better margins as per discussions. This just means orders are coming in quite rarely then   Subsidiary in Germany signs contract worth approximately SEK 16 million Saxlund International GmbH has signed an agreement worth approximately SEK 16 million with the German company Doosan Lentjes GmbH for the delivery of sludge handling equipment to a power plant in Ghent, Belgium. Doosan Lentjes focuses on environmental technology for efficient resource use in a sustainable circular economy. With its own processes for combustion, steam generation and flue gas cleaning, they deliver tailor-made plants for the treatment of thermal waste and sewage sludge. Saxlund will supply its robust feed units, foreign object separators, conveyor screws and the reliable feed system for the boiler. All of the aforementioned equipment is designed and supplied by Saxlund and enables the customer to operate a boiler with alternative fuel. From two receiving hoppers, the mechanically dried sludge will be transported to Saxlund’s drum separators. The separators will sort out foreign objects to protect the disc dryers and other equipment. After thermal drying, the sludge will be transported by screws to Saxlund’s boiler feed system. We are pleased to announce that we have completed a significant sale through our German subsidiary and are now strengthening our order book. I would like to thank our dedicated team who have worked hard to deliver value and quality. We appreciate the trust that has been shown in us, says Fredrik Nordling, CEO of Saxlund Group AB

Yeah, we went far below the anti-price  The loans would have been handled with anti-money, the cost structure would have been more reasonable through that, and apparently, deals have been made again. A project for Fortum for three years starting from 2026.  Saxlund’s subsidiary IMUS AB signs a contract worth approximately SEK 10 million Saxlund’s subsidiary IMUS AB has recently entered into an agreement with Fortum Sverige AB, worth approximately SEK 10 million. The work will begin in 2026 and span three years. The new agreement with Fortum concerns a renovation of the sluice gates in Svarthålsforsen. The work also includes replacing the hydraulics with winches. Fortum operates in more than 40 countries and is the third largest producer of carbon dioxide-free electricity in Europe. This project is part of their investment in the environment.  It is gratifying that Fortum chooses to place a new technically advanced order with IMUS. We will carry out work similar to what we previously carried out for Fortum’s facilities in Bergvik and Höljes. We now have a solid platform in the hydropower area that we look forward to building on. IMUS is doing fantastic work and is becoming an increasingly central part of Saxlund, which I follow with great interest, says Fredrik Nordling, CEO of Saxlund Group AB

The annual report came out a while ago, but I didn’t get around to analyzing it then             storage.mfn.se              saxlund-group-arsredovisning-2024.pdf                             Finchat’s summary of the CEO’s comments, which probably contains the essential points:  The CEO’s comments provide a comprehensive overview of Saxlund Group’s performance in 2024 and their strategic outlook for 2025. Here’s an analysis of the key points: |Aspect|Details|\n> | — | — |\n> |2024 Performance|- Revenue remained consistent with the previous year.\n> - Initial challenges in 2024 due to changes made in 2023 and early 2024, which had not yet fully taken effect.\n> - Significant improvement in the third quarter, marking the strongest performance in five years.\n> - Fourth quarter showed marked improvement compared to the previous year.\n> - EBITDA improved by 10 MSEK compared to the previous year.|\n> |Geographical Highlights|- Strong performance in Germany despite a challenging domestic market.\n> - Success in the Swedish hydropower segment, attributed to effective customer engagement and high-quality deliveries.|\n> |Financial Stability|- A new share issue in the third quarter eliminated long-term debt, except for existing lease contracts.\n> - Improved financial stability and reduced financing costs.\n> - Conducted a reverse stock split to facilitate stock trading.|\n> |Strategic Focus|- Continued focus on profitability and efficiency, which has yielded positive results.\n> - Plans to gradually increase growth focus, primarily organically but also through acquisitions if opportunities arise.|\n> |Challenges and Opportunities|- Completed a project in Sweden that negatively impacted results; another project was handed over in early 2025, setting the stage for improvement.\n> - Order book is slightly weaker due to a strategic focus on profitability over volume, but a strong pipeline offers opportunities to strengthen it.|\n> |Cost Management|- Active cost management led to reduced fixed costs despite inflation.\n> - Personnel costs increased due to accounting harmonization and annual salary increases.\n> - Efficiency improvements are expected to continue yielding positive effects in 2025.|\n> |Organizational Development|- Efforts to create a more integrated group through coordination of different country units have been slower than expected.\n> - Plans to intensify efforts in 2025 to ensure faster progress.|\n> |Outlook for 2025|- Entering 2025 in a stronger position than the previous year.\n> - Expecting a transitional year with fewer hydropower projects, but a stronger forecast for 2026.\n> - Continued focus on creating long-term value for customers, employees, and shareholders.|\n>  Overall, the CEO expresses pride in the achievements of 2024 and optimism for continued progress in 2025, with a focus on profitability, efficiency, and strategic growth. The company is well-positioned to build on its successes and address challenges in the coming year.

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