VBG Group AB (publ) (STO:VBG.B)
Sweden · Delayed Price · Currency is SEK 294.50
+3.50 (1.20%)
Nov 10, 2026, 5:29 PM CET
VBG Group AB Cash Flow Statement
Financials in millions SEK. Fiscal year is January - December.
Millions SEK. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Net Income | 417.77 | 422.07 | 541.65 | 572.08 | 368.27 | 337.11 |
Depreciation & Amortization | 199.18 | 175.68 | 147 | 129.24 | 133.66 | 104.21 |
Other Amortization | 3.43 | 3.43 | 3.23 | 3.76 | 2.68 | 2.23 |
Loss (Gain) From Sale of Assets | - | - | -9.84 | -4.55 | -44.54 | - |
Other Operating Activities | 29.99 | -85.31 | 0.08 | -22.23 | 73.6 | 27.06 |
Change in Accounts Receivable | -98.8 | -111.5 | 124.71 | -125.35 | -83.29 | -140.81 |
Change in Inventory | -37.25 | 41.35 | 115.68 | 92.79 | -201.43 | -195.44 |
Change in Accounts Payable | 7.37 | 27.97 | -107.21 | -13.71 | 54.61 | 38.54 |
Change in Other Net Operating Assets | 126.3 | 57.4 | -17.87 | 90.81 | -53.12 | 14.46 |
Operating Cash Flow | 647.99 | 531.09 | 797.42 | 722.83 | 250.44 | 187.34 |
Operating Cash Flow Growth | 19.35% | -33.40% | 10.32% | 188.62% | 33.68% | -58.01% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -509.88 | -307.48 | -589.98 | -111.53 | -113.5 | -31.78 |
Sale of Property, Plant & Equipment | - | - | 12.75 | 15.61 | 62.14 | - |
Cash Acquisitions | -0.03 | -448.83 | -35.93 | -243.42 | - | -146.27 |
Sale (Purchase) of Intangibles | -36.85 | -9.45 | -3.02 | -3.28 | -4.6 | -30.35 |
Investment in Securities | -13.3 | - | -1.46 | - | - | - |
Other Investing Activities | -0.1 | - | - | - | - | -0 |
Investing Cash Flow | -560.16 | -765.76 | -617.65 | -342.62 | -55.96 | -208.4 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 696.07 | 98.28 | 183.53 | - | 136.28 |
Long-Term Debt Repaid | - | -64.9 | -47.55 | -31.73 | -252.93 | -250.6 |
Lease Payments | -79 | -64.9 | -47.55 | -31.73 | -41.75 | -23.47 |
Net Debt Issued (Repaid) | 387.07 | 631.17 | 50.74 | 151.81 | -252.93 | -114.32 |
Common Dividends Paid | -181.28 | -181.28 | -175.03 | -137.52 | -125.02 | -112.52 |
Other Financing Activities | - | - | - | - | - | -0 |
Financing Cash Flow | 205.79 | 449.89 | -124.29 | 14.28 | -377.95 | -226.84 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 10.47 | -56.13 | 8.22 | -7.39 | 14.87 | 15.83 |
Miscellaneous Cash Flow Adjustments | 0.1 | - | - | - | - | 0 |
Net Cash Flow | 304.2 | 159.1 | 63.71 | 387.1 | -168.6 | -232.06 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 138.11 | 223.61 | 207.44 | 611.3 | 136.94 | 155.57 |
Free Cash Flow Growth | - | 7.79% | -66.06% | 346.39% | -11.97% | -61.17% |
Free Cash Flow Margin | 2.46% | 4.15% | 3.72% | 10.65% | 2.99% | 4.31% |
Free Cash Flow Per Share | 5.52 | 8.94 | 8.30 | 24.45 | 5.48 | 6.22 |
Levered Free Cash Flow | 43.58 | 180.31 | 58.93 | 480.32 | -69.96 | -50.37 |
Unlevered Free Cash Flow | 83.97 | 216.45 | 95.14 | 518.43 | -46.58 | -41.54 |
Free Cash Flow After Leases | 59.11 | 158.71 | 159.9 | 579.57 | 95.19 | 132.1 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 64.98 | 56.38 | 56.65 | 67.5 | 24.32 | 15.14 |
Cash Income Tax Paid | 128.26 | 229.26 | 152.78 | 176.02 | 99.78 | 103.37 |
Change in Working Capital | -2.38 | 15.23 | 115.31 | 44.54 | -283.22 | -283.26 |