Storskogen: Interim report Q3 2025
"In the third quarter, net sales amounted to SEK 7,982 million (7,991). Adjusted EBITA was SEK 759 million (783), corresponding to a margin of 9.5 percent (9.8). Our strong cash flow has enabled a reduction of net debt by SEK 4 billion over the past three years. These long-term and dedicated efforts have contributed significantly to the 40 percent increase in earnings per share in the quarter. Our focus on organic growth remains strong, and with a strengthened financial position, we now have headroom to complement this with acquisitions", says Christer Hansson, CEO of Storskogen.
Third quarter (1 July - 30 September 2025)
- Net sales were unchanged and amounted to SEK 7,982 million (7,991).
- Adjusted EBITA decreased by 3 percent to SEK 759 million (783), corresponding to an adjusted EBITA margin of 9.5 percent (9.8).
- Operating profit amounted to SEK 597 million (604).
- Profit for the quarter increased to SEK 348 million (256).
- Basic/diluted earnings per share amounted to SEK 0.19 (0.13).
- Adjusted diluted earnings per share amounted to SEK 0.18 (0.13).
- Cash flow from operating activities increased to SEK 659 million (453).
- Two platform acquisitions were completed, with combined annual sales of SEK 116 million. One add-on acquisition was completed, with annual sales of SEK 47 million.
The period (1 January - 30 September 2025)
- Net sales decreased by 5 percent to SEK 24,374 million (25,592), impacted by divestments of -4 percent. Organic sales growth was 1 percent.
- Adjusted EBITA decreased by 3 percent to SEK 2,302 million (2,380), corresponding to an adjusted EBITA margin of 9.4 percent (9.3). Organic EBITA growth was -5 percent.
- Operating profit increased to SEK 1,761 million (814).
- Profit for the period increased to SEK 824 million (-271).
- Basic/diluted earnings per share amounted to SEK 0.44 (-0.22).
- Adjusted diluted earnings per share amounted to SEK 0.49 (0.39).
- Cash flow from operating activities was SEK 1,300 million (1,417).
- Two platform acquisitions were completed with combined annual sales of SEK 116 million. Three add-on acquisitions were completed with combined annual sales of SEK 79 million.
Amounts in parentheses are for the corresponding period in 2024.
Significant events after the end of the period
- Storskogen issued bonds of SEK 1,000 million with an interest of 265 bps p.a. + Stibor 3m with maturity in 2030 and repurchased bonds of SEK 843 million with an interest of 300 bps p.a. + Stibor 3m with maturity in 2025.
- One platform acquisition was completed with annual sales of SEK 119 million.
- Storskogen's Board of Directors resolved to repurchase own shares of no more than SEK 100 million.
- Peter Ahlgren, Head of Business Area Services and member of the management team, will transition to the role of Senior Advisor. He will remain until a successor is appointed.
Presentation of the interim report
Christer Hansson, CEO, and Lena Glader, CFO, will present the interim report on 5 November 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/q3-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://events.inderes.com/storskogen-group/q3-report-2025/dial-in
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/.