Ferronordic Lifts Profitability on Strong U.S. Growth Despite Full-Year Loss

An announcement from Ferronordic AB ( (SE:FNM) ) is now available.

Ferronordic reported weaker top-line development for 2025 but significantly improved profitability, with Q4 revenue down 10% to SEK 1.21bn while operating profit jumped to SEK 31m and margins strengthened. For the full year, revenue fell 6% to SEK 4.57bn yet operating profit more than tripled to SEK 77m, supported by better gross margins and working capital, although the company remained loss-making overall and the board proposed skipping a dividend.

Operationally, the U.S. business was the clear bright spot, posting 16% sales growth in dollars and strong earnings amid robust demand, and Ferronordic moved to expand its footprint by acquiring Housby Heavy in Iowa. Germany and Kazakhstan showed early signs of recovery but continued to lag potential, with restructuring and cost-saving measures depressing results in the near term; management nonetheless highlighted a stronger balance sheet and lower cost base as positioning the group for improved performance if market conditions stabilise.

The most recent analyst rating on (SE:FNM) stock is a Hold with a SEK52.00 price target. To see the full list of analyst forecasts on Ferronordic AB stock, see the SE:FNM Stock Forecast page.

More about Ferronordic AB

Ferronordic AB is a Stockholm-listed service and sales company focused on construction equipment and trucks. It acts as dealer for Volvo Construction Equipment across parts of ten U.S. states and represents Hitachi, Sandvik and Link-Belt in the same region. The group also sells and services Volvo and Renault trucks in Germany and Volvo CE and other brands in Kazakhstan through a network of 40 branches and about 800 employees.

Average Trading Volume: 7,691

Technical Sentiment Signal: Hold

Current Market Cap: SEK755.7M

See more data about FNM stock on TipRanks’ Stock Analysis page.