Investment AB Latour Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	28,145	25,886	25,550	22,611	18,567
Revenue Growth (YoY)	8.73%	1.31%	13.00%	21.78%	23.55%
Cost of Revenue	16,966	15,690	15,597	14,137	11,479
Gross Profit	11,179	10,196	9,953	8,474	7,088
Selling, General & Admin	6,694	6,008	5,717	4,882	4,134
Research & Development	821	759	663	563	476
Other Operating Expenses	50	-136	-144	-112	-106
Operating Expenses	7,565	6,631	6,236	5,333	4,504
Operating Income	3,614	3,565	3,717	3,141	2,584
Interest Expense	-1,107	-442	-378	-106	-72
Interest & Investment Income	52	33	19	4	1
Earnings From Equity Investments	3,187	3,911	3,501	1,546	2,379
Currency Exchange Gain (Loss)	-	142	-92	163	146
Other Non Operating Income (Expenses)	-	-37	-22	-31	-21
EBT Excluding Unusual Items	5,746	7,172	6,745	4,717	5,017
Merger & Restructuring Charges	-	-36	-33	-27	-47
Impairment of Goodwill	-	-203	-115	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	3
Gain (Loss) on Sale of Assets	-	10	-	135	-
Other Unusual Items	-	62	48	8	12
Pretax Income	5,746	7,005	6,645	4,833	4,985
Income Tax Expense	799	805	744	665	604
Earnings From Continuing Operations	4,947	6,200	5,901	4,168	4,381
Net Income to Company	4,947	6,200	5,901	4,168	4,381
Minority Interest in Earnings	-30	-30	-7	-6	-4
Net Income	4,917	6,170	5,894	4,162	4,377
Net Income to Common	4,917	6,170	5,894	4,162	4,377
Net Income Growth	-20.31%	4.68%	41.62%	-4.91%	-17.73%
Shares Outstanding (Basic)	639	639	639	639	639
Shares Outstanding (Diluted)	641	641	642	642	641
Shares Change (YoY)	0.00%	-0.10%	0.02%	0.02%	0.00%
EPS (Basic)	7.69	9.65	9.22	6.51	6.85
EPS (Diluted)	7.67	9.62	9.19	6.49	6.82
EPS Growth	-20.27%	4.68%	41.60%	-4.84%	-17.73%
Free Cash Flow	3,745	3,084	4,163	1,153	1,476
Free Cash Flow Per Share	5.84	4.81	6.49	1.80	2.30
Dividend Per Share	5.100	4.600	4.100	3.700	3.300
Dividend Growth	10.87%	12.20%	10.81%	12.12%	10.00%
Gross Margin	39.72%	39.39%	38.95%	37.48%	38.17%
Operating Margin	12.84%	13.77%	14.55%	13.89%	13.92%
Profit Margin	17.47%	23.84%	23.07%	18.41%	23.57%
Free Cash Flow Margin	13.31%	11.91%	16.29%	5.10%	7.95%
EBITDA	4,469	3,975	4,114	3,491	2,894
EBITDA Margin	15.88%	15.36%	16.10%	15.44%	15.59%
D&A For EBITDA	855	410	397	350	310
EBIT	3,614	3,565	3,717	3,141	2,584
EBIT Margin	12.84%	13.77%	14.55%	13.89%	13.92%
Effective Tax Rate	13.91%	11.49%	11.20%	13.76%	12.12%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.