Sweden · Delayed Price · Currency is SEK Idun Industrier AB Earnings Call Transcripts
Fiscal Year 2026
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The group operates 22 independent Nordic companies, focusing on niche industrial sectors with strong profitability and a unique ownership model for management. Recent acquisitions and financial restructuring are expected to improve margins, with cautious optimism for the second half and plans to expand internationally over the next five years.
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Net sales rose 12.7% and EBITA increased 7.4% year-over-year, driven mainly by acquisitions, while organic EBITA declined due to one-off impacts in select subsidiaries. Leverage remains within target, and cost-saving measures are expected to support margin improvement in H2 2026.
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Q1 2026 saw 15.7% sales growth and 16.8% EBITDA growth, driven by both organic and acquisition-led expansion. Margins remained stable, leverage improved, and recent acquisitions performed as planned, though uncertainties persist in some end markets and macro conditions.
Fiscal Year 2025
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Q4 2025 saw 8.4% sales growth and 2% EBITDA growth, driven by both organic gains and acquisitions. Margins remained stable, with strong cash conversion and a positive outlook for 2026 as recent acquisitions are expected to boost profitability.
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Sales and EBITDA grew 4.5% and 5.6% respectively in Q3 2025, with strong manufacturing performance and margin improvements. Service & Maintenance faced declines, but acquisitions and cost control supported overall stability. Organic growth is expected to remain subdued short-term.