Interim report
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Alimak Group AB ALIG, SE0007158910 JULY– SEPTEMBER 2025 Interim report Showing resilience in a challenging market ⎯ Order intake decreased by 3% to MSEK 1,547 (1,592), an organic increase of 4% ⎯ Revenue decreased by 5% to MSEK 1,658 (1,742), an organic increase of 1% ⎯ Adjusted EBITA margin decreased to 17.3% (17.8%) ⎯ Cash flow from operations was MSEK 196 (265), and Net debt/EBITDA was 1.79 (2.12) THIRD QUARTER ⎯ Order intake decreased by 3% (4% organic increase) to MSEK 1,547 (1,592). Positive contributions from the Construction and Industrial divisions, while the Facade Access division reported a lower order intake. ⎯ Revenue decreased by 5% (1% organic increase) to MSEK 1,658 (1,742), with a strong performance from the Industrial and Facade Access divisions, while revenue decreased in the Construction, Height Safety & Productivity Solutions and Wind divisions. ⎯ Adjusted EBITA decreased to MSEK 287 (310), mainly due to currency effects , corresponding to a margin of 17.3% (17.8%). The weak Construction margin was partially offset by improved margins in the Industrial and Facade Access divisions. ⎯ EBITA, as reported, amounted to MSEK 246 (308). Items Affecting Comparability was MSEK -41 (-2) primarily consisting of restructuring costs in the Facade Access division. ⎯ EBIT decreased to MSEK 211 (260). ⎯ Basic earnings per share decreased to SEK 1.25 (1.46) and diluted to SEK 1.24 (1.46). ⎯ Cash flow from operations was MSEK 196 (265). JANUARY - SEPTEMBER ⎯ Order intake increased by 3% (8% organic increase) to MSEK 5,272 (5,110). Strong performance in the Industrial and Facade Access divisions, while the Construction division reported a lower order intake. ⎯ Revenue decreased by 2% (2% organic increase) to MSEK 5,182 (5,283), with positive contributions from the Industrial and Facade Access divisions while revenue decreased in the Construction, Wind and Height Safety & Productivity Solutions divisions. ⎯ Adjusted EBITA amounted to MSEK 909 (902), growing organically by 5%. The margin was 17.5% (17.1%). ⎯ EBITA, as reported , amounted to MSEK 896 (885). Items Affecting Comparability was MSEK -13 (-17) and related to restructuring costs in the Facade Access division, partially offset by the Mammendorf real estate sale. ⎯ EBIT increased to MSEK 790 (734). ⎯ Basic earnings per share increased to SEK 4.73 (4.05) and diluted to SEK 4.69 (4.04). ⎯ Cash flow from operations was MSEK 553 (643). ⎯ Net debt/EBITDA was 1.79 (2.12). KEY FIGURES, GROUP Q3 2025 Q3 2024 ∆ Jan-Sep 2025 Jan-Sep 2024 ∆ Order intake*, MSEK 1,547 1,592 -2.8% 5,272 5,110 3.2% Revenue, MSEK 1,658 1,742 -4.8% 5,182 5,283 -1.9% EBITA adj*, MSEK 287 310 -7.3% 909 902 0.8% EBITA adj*, margin, % 17.3% 17.8% 17.5% 17.1% EBITA*, MSEK 246 308 -19.9% 896 885 1.3% EBITA* margin, % 14.9% 17.7% 17.3% 16.7% EBIT, MSEK 211 260 -18.9% 790 734 7.6% EBIT margin, % 12.7% 14.9% 15.2% 13.9% Result for the period, MSEK 133 155 -14.4% 501 429 16.7% Earnings per share, before dilution, SEK 1.25 1.46 -14.4% 4.73 4.05 16.8% Earnings per share, after dilution, SEK 1.24 1.46 -15.1% 4.69 4.04 16.1% Earnings per share adj., before dilution*, SEK 1.78 1.79 -0.6% 5.53 5.24 5.5% Cash flow from operations, MSEK 196 265 -26.0% 553 643 -14.0% Net debt/EBITDA*, ratio 1.79 2.12 -15.3% 1.79 2.12 -15.3% *Alternative performance measure, see Definitions Q3