Improved Full-Year Organic Sales and Margin Expansion
Organic sales grew 0.5% for FY2025 and EBITDA margin (before the September restructuring provision) increased from 11.6% in 2024 to 12.1% in 2025 (+0.5 percentage points).
Quarterly EBITDA Margin Improvement
Q4 EBITDA margin rose from 12.0% in the prior-year quarter to 12.6% in Q4 2025 (+0.6 percentage points), supported by price, lower material costs and better productivity.
Strong Laundry Profitability
Laundry full-year sales were flat on a same-currency basis while margin improved to 17.4%, over 1 percentage point higher than 2024.
Food & Beverage Growth and European Strength
Food & Beverage (largest segment) delivered same-currency growth of ~1.5% and closed the year with a margin near 10.7%; Europe was the main growth driver with improving order intake and market-share gains, particularly in cooking product categories.
Earnings Per Share and Cash Position
Q4 earnings per share were SEK 0.98, about +30% versus the same quarter last year. Net debt has been reduced materially year-over-year, with management noting a net debt/EBITDA ratio brought down to roughly 1x.
Restructuring & Efficiency Program with Confirmed Savings
Efficiency program launched in September progressing as planned with confirmed anticipated savings of >SEK 80 million in 2026 and >SEK 170 million in 2027; program includes factory footprint consolidation and productivity improvements.
CapEx & Product Investment
CapEx for the year was ~SEK 360 million (~3% of sales) and management expects similar investment in 2026 to support major product launches (new cooking line and laundry platform).
Strategic M&A and Product Innovation
Acquisition of Royal Range completed (Jan 2026) and integration underway; additional targeted smaller M&A opportunities are being pursued. New product launches include a new cooking line in Europe and a unique stacked combo/dryer solution from the Tosei acquisition.