Resource optimisation for stronger margins
Transition efforts and efficiencies have generated a clear improvement in earnings. We continue to face challenges, however, with rapidly changing market conditions that entail wide variations in demand and financial results between our units. Through restructuring and acquisitions, we have laid the foundation for growth by expanding into new business areas and further developing our overall offering.
Looking ahead
We do not expect any major shifts in prevailing market conditions in the near future. For the Group’s project-based operations in the Industrial Solutions business unit, this will likely entail a challenging start to 2026. Despite the generally uncertain global situation, our other business units have a more positive view of their opportunities going forward. Within Industrial Products, several major projects are ongoing in tandem with new product launches. Meanwhile, the companies within Precision Technology are gradually consolidating relationships with customers linked to defence and security, where the potential for growth is deemed high. There is, however, some sluggishness as regards new assignments, as long lead times are characteristic of this sector.
Our focus on evolving the Group’s overall offering with an emphasis on aftermarket services is further bolstered by our two latest acquisitions. This applies primarily to the Industrial Solutions business unit’s operations related to the metal can industry.
The year’s improved profitability and strong cash flow have further stabilised our financial position. We therefore have great potential to remain proactive in our efforts in new markets and operating niches, and to make further strategic acquisitions.
Lennart Persson, President and CEO
Sustainable business
Our values – Entrepreneurship, Innovate for the future and Better together – are more than just words; they reflect how the Group is being built through a combination of technical expertise, entrepreneurial spirit, and joint efforts.
2025 in brief
- Positive effects from completed transition activities
- Varying conditions in the Group’s primary markets
- Growth and markedly improved profitability
- Strong cash flow and a reinforced financial position
- Further development of the Group’s overall service offering
Priorities 2026
- Further margin enhancement through resource efficiencies and strategic acquisitions
- Continued development of sustainable, innovation‑driven business across the Group
- Sustained proactive investment in new markets and operating niches
Outcome 2025
Net revenue
3,402
(SEK m)
Operating profit
319
(SEK m)
Operating margin
9.4
(%)
Profit margin
7.3
(%)
Net profit
178
(SEK m)
Earnings per share
3.01
(SEK)