Saxlund Group (SAXG) Q4 2025 earnings summary

Executive summary

• Achieved a successful operational and financial turnaround, delivering the strongest quarter and full year since 2016, with EBIT improving by 14.2 MSEK year-over-year.

• Transitioned from negative results to stable profitability, with strengthened margins and a more robust financial platform.

• The business model proved effective, with disciplined execution and cost reductions driving improved results.

Financial highlights

• Q4 2025 net sales: 62.7 MSEK (down from 78.6 MSEK in Q4 2024); full year 2025 net sales: 228.7 MSEK (down from 307.3 MSEK in 2024).

• Q4 EBITDA: 9.0 MSEK (vs. -1.8 MSEK); Q4 EBIT: 8.4 MSEK (vs. -2.5 MSEK); Q4 net income: 6.1 MSEK (vs. -4.0 MSEK).

• Full year EBITDA: 11.6 MSEK (vs. -2.5 MSEK); full year EBIT: 7.8 MSEK (vs. -6.4 MSEK); full year net income: 1.7 MSEK (vs. -15.1 MSEK).

• EPS for Q4: 0.85 SEK (vs. -0.56 SEK); full year: 0.23 SEK (vs. -5.93 SEK).

• Gross margin improved to 39% (from 29%) and operating costs reduced by 14.4%.

Outlook and guidance

• Entering a new phase focused on commercial growth and market expansion in profitable segments for 2026.

• Growth to be pursued with continued cost and risk discipline, prioritizing cash flow and working capital optimization.

• Strong order books in Germany and Sweden, with full capacity utilization in Germany for 2026.