DevPort (DEVP) investor relations material

Executive summary

• Net sales decreased by 20.4% to 420.2 MSEK for the year, with a 27.4% drop in Q4, reflecting a challenging market, especially in the automotive sector.

• Operating result before items affecting comparability was 5.4 MSEK (1.3% margin) for the year; Q4 was negative at -1.1 MSEK.

• Net result after tax for the year was -5.7 MSEK, compared to 26.5 MSEK last year.

• Workforce reduced by 109 people (-24.3%) as part of cost adaptation measures.

• Board proposes a dividend of 1.00 SEK per share and a new incentive program for management.

Financial highlights

• Q4 net sales: 94.8 MSEK (-27.4% YoY); full year: 420.2 MSEK (-20.4% YoY).

• Q4 operating margin before comparability items: -1.2%; full year: 1.3%.

• Q4 net margin: -3.2%; full year: -1.4%.

• Earnings per share: -0.57 SEK for the year.

• Cash flow from operations: 10.4 MSEK for the year.

• Cash and equivalents at year-end: 31.3 MSEK; unused credit lines: 50.0 MSEK.

Outlook and guidance

• Company remains optimistic about future growth, focusing on diversification beyond automotive and expansion in energy and defense sectors.

• High solidity and liquidity position the company for organic growth and strategic acquisitions.

• Strategy includes broadening customer base and increasing share of revenue from non-automotive sectors to over 40%.