Skåne-Möllan (SKMO) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 decreased to 118.6 MSEK from 130.7 MSEK year-over-year, mainly due to lower average prices and reduced standard product volumes, while niche heat-treated products and exports grew.

• Operating profit for H1 2025 remained stable at 5.2 MSEK, matching the previous year.

• Net income after tax for H1 2025 was 4.6 MSEK, down from 5.0 MSEK year-over-year; EPS was 0.42 SEK (0.46 SEK).

• Export sales increased by 8% to 14.6 MSEK in H1 2025.

Financial highlights

• Gross margin for H1 2025 was 15.4% (gross profit 18.3 MSEK on 118.6 MSEK revenue).

• Financial net decreased to 0.7 MSEK from 1.1 MSEK due to lower interest rates.

• Cash flow from operations for H1 2025 was 5.2 MSEK, up from -0.1 MSEK year-over-year.

• Net investments in H1 2025 totaled 1.5 MSEK, up from 0.3 MSEK year-over-year.

• Cash and cash equivalents at period end were 48.5 MSEK, up from 45.8 MSEK a year earlier.

Outlook and guidance

• Full-year 2025 capital expenditures are projected at 5.5 MSEK, slightly below the previous year.

• Early harvests in 2025 showed good quality, but weather disruptions affected some crops locally.