FM Mattsson Mora Group (FMM-B) Q1 2026 earnings summary

Executive summary

• Net sales rose 4.0% year-over-year to 544.9 Mkr, with organic growth of 7.7%.

• Adjusted EBITA margin improved to 13.4% (from 11.9%), excluding 24.3 Mkr in one-time restructuring costs.

• Growth achieved in both Nordic and International segments, supported by new product launches and market share gains in the UK.

• Efficiency program completed, expected to yield annual cost savings of 25 Mkr, with main effects from Q2 onward.

Financial highlights

• EBITA was 48.8 Mkr (down from 58.1 Mkr), with a reported EBITA margin of 9.0% (11.1%).

• Adjusted EBITA reached 73.1 Mkr (62.3 Mkr), and adjusted EBITA margin was 13.4% (11.9%).

• Net income per share was 0.78 kr (0.99 kr).

• Cash flow after investments was -0.8 Mkr (4.9 Mkr).

• Return on equity (rolling 12 months) was 12.6% (10.8%).

• Solid equity ratio at 58.1% (57.6%).

Outlook and guidance

• No formal forecast for 2026 provided.

• Management sees positive signals for gradual market recovery, though from low levels.

• Efficiency program expected to deliver full cost savings from Q2 2026.