Lördag 4 April | 02:41:28 Europe / Stockholm
2025-07-18 07:00:00

Karnell’s ability to grow EBITA in the current market conditions highlights the strength of our model and the quality of our companiesPetter Moldenius, CEO

Summary of the second quarter (April 1 – June 30, 2025)

  • Net sales for the second quarter increased by 20.7% to SEK 431.0 million (357.2), of which organic growth amounted to 1.4%.
  • EBITA increased by 54.4% and amounted to SEK 62.9 million (40.8), corresponding to a margin of 14.6% (11.4).
  • The quarter was affected by SEK 1.2 million (0.9) of acquisition costs.
  • Operating profit (EBIT) amounted to SEK 56.9 million (37.5), an increase of 51.8%.
  • Cash flow from operating activities for the quarter amounted to SEK 20.0 million (30.5).
  • Earnings per share for the quarter after dilution amounted to SEK 0.68 (0.29).
  • In April, the acquisition of the British company Warwick SASCo Ltd was completed.
  • After the end of the period, the acquisition of the British company LundHalsey Ltd was completed.

Summary of the first half year (January 1 – June 30, 2025)

  • Net sales for the first half of the year increased by 23.0% to SEK 790.4 million (642.8), of which organic growth amounted to 3.4%.
  • EBITA increased by 66.8% and amounted to SEK 101.3 million (60.7), corresponding to a margin of 12.8% (9.4).
  • The period was affected by SEK 3.2 million (4.1) of acquisition costs.
  • Operating profit (EBIT) amounted to SEK 90.5 million (54.5), an increase of 66.2%.
  • Cash flow from operating activities for the first half of the year amounted to SEK 33.3 million (42.5).
  • Earnings per share for the first half of the year after dilution amounted to SEK 1.04 (0.36).
  • During the period, two acquisitions were completed.

Presentation of the report
Karnell presents the interim report for the second quarter 2025 via webcast and telephone conference today, July 18, at 8:30 am CET. The report is presented by CEO Petter Moldenius and CFO Lars Neret. The presentation will be held in English and includes a Q&A session.

If you wish to participate via webcast, please use the link below. Via the webcast you are able to ask written questions.
https://karnell-group.events.inderes.com/q2-report-2025

If you wish to participate and ask questions via teleconference, please register on the link below. After registration you will be provided with a phone number and a conference ID to access the conference.
https://events.inderes.com/karnell-group/q2-report-2025/dial-in