Skåne-Möllan (SKMO) Q1 2025 earnings summary

Executive summary

• Net sales declined by 10% to SEK 58.1 million compared to SEK 64.7 million in Q1 2024, mainly due to lower standard product volumes and reduced average revenue per kg following falling grain prices.

• Sales of heat-treated specialty products, including the TTT range, increased both domestically and in exports, with export sales up 24% to SEK 7.8 million.

• Operating profit fell to SEK 1.3 million from SEK 2.8 million, impacted by lower standard product volumes and higher energy costs.

• Share of profit from associate Mel-Compagniet ApS remained stable at SEK 0.7 million.

Financial highlights

• Net income after tax was SEK 1.3 million, down from SEK 2.7 million year-over-year.

• Earnings per share were SEK 0.12, compared to SEK 0.25 in Q1 2024.

• Gross margin for the quarter was SEK 7.8 million, down from SEK 9.8 million.

• Cash and cash equivalents increased to SEK 62.8 million from SEK 55.6 million.

• Net investments totaled SEK 1.5 million, up from SEK 0.4 million.

Outlook and guidance

• No significant changes in risk factors or uncertainties were reported for the period.

• The company continues to monitor market conditions and will report next on August 14, 2025.