Citira (CITRA) investor relations material

Executive summary

• Revenue nearly doubled year-over-year, reaching SEK 3,063.3 million, driven by acquisitions and commercial initiatives in a soft market.

• Adjusted EBITDA rose 83% to SEK 270.4 million, with LFL adjusted EBITDA up 4% to SEK 460.3 million.

• Fourteen acquisitions completed during the year, with further expansion into the UK and additional Nordic markets post-year-end.

• The group’s first financial report under IFRS, with comparative figures restated.

Financial highlights

• Q4 revenue increased 59% year-over-year to SEK 1,227.5 million; full-year revenue up 89%.

• Q4 adjusted EBITDA up 119% to SEK 216.4 million; full-year adjusted EBITDA up 83%.

• Profit before tax for the year was SEK -127.4 million, impacted by higher interest expenses from acquisition financing.

• Cash flow for the year was SEK -68.9 million, with SEK -465.2 million from investing activities mainly due to acquisitions.

• Net debt at year-end was SEK 2,252.5 million, or 4.89x LFL adjusted EBITDA.

Outlook and guidance

• Market growth expected to remain stable in 2026, with continued high activity in commercial initiatives and M&A.

• Focus on cost base transformation, service expansion, and international growth.