Absolent Air Care Group (ABSO) Q4 2025 earnings summary

Executive summary

• Achieved organic growth in Q4 2025, with net sales up 1.9% year-over-year and 10.4% in local currencies, driven by both Industrial and Commercial Kitchen segments, despite currency headwinds and a challenging market environment.

• Full-year 2025 net sales declined by 8.7% (-3.9% in local currencies), mainly due to lower Industrial segment sales, while Commercial Kitchen showed modest growth.

• Adjusted EBITDA and EBIT margins improved sequentially in Q4, reflecting efficiency measures and a lower cost base, though profitability was impacted by customer mix and currency effects.

• Strengthened financial position with increased equity ratio and lowest net debt in several years.

Financial highlights

• Q4 2025 net sales: SEK 350.5 million (up 1.9% year-over-year); full-year 2025: SEK 1,279.0 million (down 8.7%).

• Q4 EBITDA: SEK 51.6 million (margin 14.7%); adjusted margin 17.6%. Full-year EBITDA: SEK 189.2 million (margin 14.8%); adjusted margin 16.0%.

• Q4 EBIT: SEK 32.6 million (margin 9.3%); adjusted margin 13.9%. Full-year EBIT: SEK 129.9 million (margin 10.2%); adjusted margin 11.8%.

• Q4 earnings per share: SEK 1.59 (vs. 3.01 prior year); full-year: SEK 6.20 (vs. 12.71).

• Q4 cash flow from operations: SEK 39.8 million; full-year: SEK 129.9 million.

Outlook and guidance

• Early signs of market stabilization for 2026, but uncertainty remains across segments and regions.

• Focus remains on stability, efficiency, profitability, and scalable growth, supported by a decentralized model and innovation platform.