Saxlund - Turnaround Company from Sweden?

Turnaround company turning in another direction again? Maybe it’s not going to the bottom after all :grin:

Q2 / H1 2025

January - June 2025

  • EBIT of SEK 0.7 million represents an improvement of SEK 3.8 million
  • Reduced operating costs
  • Strengthened margins

Second quarter 2025

  • Net sales amounted to SEK 58.6 (73.2) million.
  • Operating profit before depreciation (EBITDA) amounted to SEK 1.8 (-1.9) million.
  • Operating profit (EBIT) for the period amounted to SEK 0.7 (-3.0) million.
  • Profit after tax amounted to SEK -0.8 (-6.5) million.
  • Earnings per share amounted to -0.11 (-10.08[1]) SEK before and after dilution

First half of 2025

  • Net sales amounted to SEK 103.8 (149.0) million.
  • Operating profit before depreciation (EBITDA) amounted to SEK -0.1 (-6.5) million.
  • Operating profit (EBIT) for the period amounted to SEK -2.3 (-8.7) million.
  • Profit after tax amounted to SEK -4.1 (-13.2) million.
  • Earnings per share amounted to -0.57 (-20.52[2]) SEK before and after dilution

Run through a SE-EN translator

Comment from CEO Fredrik

For the second quarter, we report sales of SEK 58.7 (73.2) million. The decrease of SEK 14.5 was largely expected. Despite lower sales, we deliver improved results, with an EBITDA of SEK 1.8 (-1.9) million.

The result varies between the different quarters, but we can now state that we have accumulated a positive EBIT result over a rolling twelve months. This is an important milestone that reflects the extensive changes we have implemented over the past two years

Full package:

https://storage.mfn.se/45dc127d-a5db-4ae3-91ef-64c2037583f/saxlund-kvartalsrapport-q2-2025.pdf

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