Siljansvik (SIVI) Q4 2025 earnings summary

Executive summary

• Transitioned from an operational energy company to an investment and holding company focused on local energy and digital infrastructure, strengthening financial position and strategic flexibility.

• Strategic partnerships and restructuring, including the establishment of Sambygd AB and increased ownership in Dala Vind AB, were completed.

• Portfolio now centers on core infrastructure, energy transition, user-centric solutions, and transformation technologies.

Financial highlights

• Net sales for 2025 were 42,802 tkr, down from 398,769 tkr year-over-year due to structural changes.

• Result after financial items was 68,560 tkr, compared to 2,572,464 tkr in 2024.

• Result after tax reached 73,715 tkr, down from 2,554,142 tkr year-over-year.

• Cash flow from operations was -39,601 tkr for the year, with a year-end cash position of 951,530 tkr.

• Proposed dividend of 2.52 kr per share, totaling 34,694 tkr.

Outlook and guidance

• Strong financial position and clear portfolio structure support gradual improvements in profitability, cash flow, and value creation.

• Continued focus on active ownership, partnerships, and disciplined capital allocation to drive long-term growth.

• Market drivers include electrification, digitalization, and local capacity needs, especially in Dalarna.