“Stockwik continues its growth journey in the weak economic climate. Net sales increased by 8.5% in the quarter and operating profit EBITA by 5.9%.” Urban Lindskog, CEO and Group President
| JANUARY 1 - MARCH 31 2026 · Net sales MSEK 217.1 (200.1). Increase by 8.5 percent, of which 5.2 percent organic. · EBITDA MSEK 22.9 (22.1). Increase by 3.3 percent, of which 0.6 percent organic decrease. · EBITA MSEK 12.0 (11.4) percent. Increase by 5.9 percent, of which 0.2 percent organic decrease. · EBIT MSEK 10.3 (9.7). Increase by 5.3 percent. · Profit before tax decreased to MSEK -1.4 (-1.0). · Profit after tax decreased to MSEK -1.9 (-0.9). · In February, Stockwik acquired all shares in Labino AB; see Note 4 in the report for more information. · Stockwik is simplifying its segment structure from four to three segments as of 1 January 2026. Comparative figures have been recalculated. |
FINANCIAL SUMMARY
| MSEK | Jan-Mar 2026 | Jan-Mar 2025 | Apr 2025- Mar 2026 | Jan-Dec 2025 |
| Net sales | 217.1 | 200.1 | 923.3 | 906.3 |
| Gross margin, % | 59.9% | 62.1% | 55.9% | 56.3% |
| EBITDA | 22.9 | 22.1 | 98.1 | 97.3 |
| EBITDA margin, % | 10.5% | 11.1% | 10.6% | 10.7% |
| Adjusted EBITDA pro forma1) | 24.9 | 26.9 | 108.5 | 110.4 |
| Adjusted EBITDA margin pro forma, % | 11.5% | 13.4% | 11.7% | 12.2% |
| EBITA | 12.0 | 11.4 | 54.4 | 53.7 |
| EBITA margin, % | 5.5% | 5.7% | 5.9% | 5.9% |
| Adjusted EBITA2) | 13.1 | 13.7 | 60.3 | 61.0 |
| Adjusted EBITA margin, % | 6.0% | 6.9% | 6.5% | 6.7% |
| EBIT | 10.3 | 9.7 | 47.7 | 47.1 |
| EBIT margin, % | 4.7% | 4.8% | 5.2% | 5.2% |
| Profit before tax | -1.4 | -1.0 | -12.9 | -12.5 |
| Profit after tax | -1.9 | -0.9 | -12.3 | -11.3 |
| Operational cashflow | -7.9 | -0.0 | 26.4 | 34.5 |
| Earnings per share before dilution, SEK | -0.27 | -0.13 | -1.87 | -1.76 |
| Earnings per share after dilution, SEK | -0.27 | -0.13 | -1.87 | -1.76 |
| Average number of employees | 392 | 396 | 393 | 394 |
| Equity ratio, % | 25.4% | 26.6% | 25.4% | 26.1% |
| Net debt | 436.0 | 396.7 | 436.0 | 387.0 |
| Net debt/EBITDA | - | - | 4.45 | 3.98 |
| Net debt/adjusted EBITDA1) | - | - | 4.02 | 3.51 |
1) In the calculation of adjusted EBITDA pro forma, made in accordance with the bond terms and conditions, non-recurring items mainly related to reorganization costs have been excluded. For the quarter, these items amounted to MSEK 1.0 (2.9), and for the rolling 12-month period MSEK 6.5, as well as MSEK 8.4 for the full year 2025.
2) In the calculation of adjusted EBITA, non-recurring items mainly related to reorganization costs have been excluded. For the quarter, these items amounted to MSEK 1.0 (2.3), and for the rolling 12-month period MSEK 5.9, as well as MSEK 7.3 for the full year 2025.