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Duroc (DURC) investor relations material
Duroc Q1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales decreased by 11% to SEK 626.4 million year-over-year, with organic growth at -11%.
EBITDA fell to SEK 5.5 million from SEK 26.5 million, and EBIT dropped to SEK -20.3 million from SEK 2.7 million.
The quarter was impacted by costs related to the relocation of Duroc Rail and the seasonally weak performance of newly acquired Broddson.
Active portfolio rebalancing is underway, with divestment processes for IFG and Drake and capital being freed for prioritized business areas.
Financial highlights
Adjusted EBIT was SEK -18.9 million (previous year SEK 3.5 million), with an adjusted EBIT margin of -3.0% (0.5%).
Cash flow from operating activities improved to SEK 27.1 million from SEK -9.9 million.
Earnings per share were SEK -0.35 (SEK -0.06).
Liquid assets at period end were SEK 92.9 million (SEK 60.4 million), and net debt including IFRS 16 was SEK 371.4 million (SEK 148.4 million).
Equity at period end was SEK 1,085.9 million (SEK 1,139.4 million), with a solidity of 52% (64%).
Outlook and guidance
Demand in the Industrial & Trade segment is stable and expected to follow general economic trends.
Polymer segment faces challenging market conditions, especially in Europe due to overcapacity; some recovery is seen in the US.
The company expects to generate significant value from planned divestments and portfolio rebalancing.
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