Lohilo Foods (LOHILO) Q4 2025 earnings summary

Executive summary

• Net sales decreased by 9.0% year-over-year to 186,791 TSEK for 2025, with a 10.9% drop in Q4 to 42,208 TSEK compared to the same quarter last year.

• Bruttomarginal improved to 34.7% for the year (32.0% prior year) and 39.0% in Q4 (30.3% prior year), reflecting efficiency gains and favorable currency effects.

• EBIT for 2025 was 1,738 TSEK (1,525 TSEK prior year), with Q4 EBIT turning positive at 1,175 TSEK (-301 TSEK prior year).

• Net result for the year was -1,357 TSEK (-2,278 TSEK prior year); Q4 net result was 43 TSEK (-1,163 TSEK prior year).

• Cash flow from operations for the year was -4,114 TSEK (3,457 TSEK prior year); Q4 cash flow from operations was 1,533 TSEK (3,491 TSEK prior year).

Financial highlights

• Own brands' net sales fell 10.3% to 158,409 TSEK; export sales dropped 23.5% to 48,109 TSEK.

• Distributed brands' sales decreased 0.8% for the year but grew 35% in Q4.

• Gross profit for the year was 64,746 TSEK (65,707 TSEK prior year); Q4 gross profit was 16,442 TSEK (14,371 TSEK prior year).

• EBITDA for the year was 5,805 TSEK (6,783 TSEK prior year); Q4 EBITDA was 2,195 TSEK (908 TSEK prior year).

• Earnings per share for the year were -0.04 SEK (-0.06 SEK prior year); Q4 EPS was 0.00 SEK (-0.03 SEK prior year).

Outlook and guidance

• Strategic focus remains on functional food, with a target of at least 10% average sales growth and EBITDA margin of at least 10% for 2026–2030.

• Board maintains long-term financial targets despite missing 2025 goals due to packaging changes and weak export.

• No dividend proposed for 2025.