Saxlund Group (SAXG) Q2 2025 earnings summary

Executive summary

• Achieved positive rolling 12-month EBIT for the first time, reflecting long-term efficiency measures and cost reductions.

• Operational costs reduced by 14% year-over-year, with strengthened gross margins and improved performance in Sweden.

• No significant events during the quarter; post-period, a German subsidiary secured a contract worth approximately 16 MSEK.

Financial highlights

• Q2 2025 net sales: 58.6 MSEK (down from 73.2 MSEK year-over-year); H1 2025: 103.8 MSEK (down from 149.0 MSEK year-over-year).

• Q2 EBITDA: 1.8 MSEK (vs. -1.9 MSEK); Q2 EBIT: 0.7 MSEK (vs. -3.0 MSEK); Q2 net result: -0.8 MSEK (vs. -6.5 MSEK).

• H1 EBITDA: -0.1 MSEK (vs. -6.5 MSEK); H1 EBIT: -2.3 MSEK (vs. -8.7 MSEK); H1 net result: -4.1 MSEK (vs. -13.2 MSEK).

• Earnings per share H1: -0.57 SEK (vs. -20.52 SEK); Q2: -0.11 SEK (vs. -10.08 SEK).

• Cash and cash equivalents at June 30, 2025: 7.5 MSEK (vs. 6.3 MSEK prior year).

Outlook and guidance

• Management sees a stable core business and readiness for further development, with continued focus on achieving profitability in Sweden.

• Board assesses liquidity as sufficient for current operations through 2025 and beyond.