Lyckegård Group (LYGRD) Q2 2025 earnings summary

Executive summary

• Achieved record-high revenue and profit for the first half of 2025, with all operating subsidiaries meeting targets.

• Preparing for expansion into Norway in autumn, targeting a market with attractive margins and limited competition.

• Order backlog doubled year-over-year to 51.8 MSEK as of June 30, 2025.

• Cost reduction of 14% despite growth, supporting improved profitability.

Financial highlights

• Net sales for April–June 2025: 77,997 TSEK (up 7% year-over-year); January–June 2025: 120,754 TSEK (up 5% year-over-year, 10% organic growth on comparable units).

• EBITA for April–June 2025: 13,943 TSEK (18% margin); January–June 2025: 15,700 TSEK (13% margin, up from -958 TSEK prior year).

• Net income for January–June 2025: 4,715 TSEK (up from -49,708 TSEK prior year).

• Equity ratio improved to 30% from 21% year-over-year.

Outlook and guidance

• Expansion into Norway set for autumn 2025, leveraging strong order book and market conditions.

• Continued focus on advanced product offerings and customer segments with high investment capacity.