Sustainion (SUSG) Q2 2025 earnings summary

Executive summary

• Achieved 188.4% year-over-year revenue growth in Q2 2025, with 19.6% organic growth, driven by acquisitions and strong performance in core businesses.

• EBITDA for Q2 was 11,707 TSEK (9.3% margin), down from 21.4% margin last year due to lower margins in acquired Skårebo Energi.

• Net income for Q2 was 4,688 TSEK, with EPS of 0.02 SEK, unchanged from last year.

• Cash flow from operations was negative due to increased working capital needs.

Financial highlights

• Q2 net sales: 125,666 TSEK (43,575 TSEK last year), up 188.4%.

• H1 net sales: 235,659 TSEK (81,835 TSEK last year), up 188.0%.

• Q2 EBITDA: 11,707 TSEK (9,314 TSEK), margin 9.3% (21.4%).

• Q2 EBIT: 7,859 TSEK (5,354 TSEK), margin 6.3% (12.3%).

• H1 net income: 6,005 TSEK (1,755 TSEK), EPS 0.03 SEK (0.01 SEK).

Outlook and guidance

• Management expects continued growth and expansion into new markets, with a focus on both organic growth and further acquisitions.

• No formal forecasts provided; forward-looking statements are subject to market and economic uncertainties.