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HAKI Safety
HAKI Safety (HAKI) investor relations material
HAKI Safety Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Feb, 2026
Executive summary
Net sales for Q4 2025 increased 4% to SEK 304 M, with organic sales down 4% and acquisitions contributing positively; full-year net sales rose 12% to SEK 1,179 M, with organic sales down 2%.
Adjusted EBITA for Q4 was SEK 22 M (down from 25 M), and for the year SEK 72 M (down from 77 M); operating profit for Q4 was SEK 19 M and SEK 69 M for the year.
Net result after tax was SEK 5 M for Q4 and SEK 34 M for the year, both lower than the previous year.
Cash flow from operating activities improved significantly, reaching SEK 30 M in Q4 and SEK 51 M for the year.
A new share issue of SEK 50 M was completed to repay acquisition-related debt, and the Board proposes a dividend of SEK 0.50 per share.
Financial highlights
Gross margin improved to 37.5% in Q4 (from 36.0%) and 36.3% for the year (from 35.8%).
Adjusted EBITA margin for Q4 was 7.2% (down from 8.6%), and for the year 6.1% (down from 7.3%).
Earnings per share for Q4 were SEK 0.17 (down from 0.37), and SEK 1.22 for the year (down from 1.50).
Financial net debt decreased to SEK 346 M from SEK 380 M year-over-year.
Equity/assets ratio improved to 48% from 46%.
Outlook and guidance
The Board targets net sales of SEK 2,000 M by 2027, with an adjusted EBITA margin above 10%.
Financial net debt/adjusted EBITDA is targeted below 2.5; the recent acquisition will temporarily exceed this target.
Dividend policy remains at 25-50% of net profit; SEK 0.50 per share proposed.
Management remains positive on long-term prospects despite near-term market uncertainties.
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Next HAKI Safety earnings date
Q1 202621 Apr, 2026
HAKI Safety
Next HAKI Safety earnings date
Q1 202621 Apr, 2026
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Frequently asked questions
HAKI Safety AB develops and delivers scaffolding systems, weather protection systems, hanging scaffolding, and stamping systems. It operates as a subcontractor; and offers customized system solutions. The company provides contract manufacturing for industrial customers, as well as contract manufacturing services. It offers its products through its subsidiaries in Sweden and other countries worldwide. HAKI’s vision is to be recognized as an attractive industry partner by developing and delivering innovative products.
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