Organic Order Growth and Regional Strength
Group organic order growth of 4% in Q4 2025, driven by strong regional performances: Asia +13% and Europe +10%; North America +8% (adjusted +3% excluding NTE acquisition).
Business Area Order Outperformance
Compressor Technique delivered +7% organic order growth and Vacuum Technique delivered +13% organic order growth in Q4 2025.
Solid Profitability and Margins
Group adjusted profit margin of ~20.5% in the quarter (full-year adjusted operating margin ~20.7%); strong sector margins including Compressor Technique operating margin 24.3% and Vacuum Technique operating margin 19.2%.
Service Business Resilience
Service divisions across business areas continued to deliver good growth and consistent profitability, cited as a stable and positive contributor to results.
Strong Cash Generation
Quarterly cash flow of SEK 6.8 billion and full-year cash flow ~SEK 26.8 billion; circa SEK 11.6 billion (≈ SEK 12bn) used for acquisitions during the year, with ≈ SEK 8 billion spent in Q4.
Active M&A and Strategic Investments
Acquired 8 companies in Q4 and 29 in the full year, including the sizable NTE acquisition which expanded rental and pump capabilities and regional presence.
Shareholder Returns
Board proposed ordinary dividend SEK 3/share plus an additional distribution SEK 2/share (total SEK 5/share) to be paid in two installments (April and October).
Product and Technology Innovation
Continued rollout of new products (e.g., nitrogen system for laser cutting, compact vacuum product for semiconductor vertical booster, EUV and Ganymede platforms) supporting competitive positioning.