Skåne-Möllan (SKMO) Q4 2024 earnings summary

Executive summary

• Revenue for 2024 decreased by just over 2% to SEK 265.0 million compared to SEK 271.1 million in 2023.

• Profit before tax rose to SEK 20.6 million (SEK 18.9 million in 2023), and net profit after tax increased to SEK 16.2 million (SEK 14.8 million in 2023).

• Earnings per share reached SEK 1.47, up from SEK 1.34 the previous year.

• Board proposes an unchanged dividend of SEK 1.40 per share.

Financial highlights

• Operating profit improved to SEK 18.5 million (SEK 17.5 million in 2023).

• Export sales grew by over 9% to SEK 25.0 million (SEK 22.9 million in 2023).

• Financial net increased to SEK 2.1 million (SEK 1.4 million in 2023) due to higher interest rates.

• Cash flow from operations was SEK 21.9 million (SEK 19.4 million in 2023); year-end cash position SEK 60.2 million.

• Net investments in tangible assets amounted to SEK 5.8 million (SEK 7.3 million in 2023).

Outlook and guidance

• No changes to risk factors or uncertainties compared to previous disclosures.

• Next annual report to be published March 28, 2025; AGM scheduled for April 23, 2025.