)
Edge17 Oct 2025
A Castle in the Sky: The Story of Oracle
Oracle's journey from database innovator to disciplined enterprise backbone, now shaping the AI buildout with a standardized cloud infrastructure.
Dustin Group (DUST) investor relations material
Dustin Group Q4 24/25 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 24/25 earnings summary8 Oct, 2025
Executive summary
Q4 organic growth was 3.6%, driven by LCP segment performance and market stabilization in the Nordics, while SMB remained negative; full-year organic growth was -3.3% due to ongoing challenges, especially in SMB and Benelux.
Adjusted EBITA margin improved to 1.6% in Q4 from 0.6% year-over-year, mainly due to completed efficiency measures and cost reductions, but full-year margin declined to 1.4% from 2.6%.
Strategic focus shifted to B2B and standardized services, with the consumer business closed and a new organization implemented to accelerate strategy.
Updated sustainability targets, approved by SBTI, aim for significant emissions reductions, increased circularity, and social impact initiatives.
A SEK 2,500 million goodwill impairment led to a full-year EBIT of SEK -2,523 million and a net loss of SEK -2,631 million.
Financial highlights
Q4 net sales were SEK 5,056 million (+1.4% YoY), with gross profit at SEK 642 million and gross margin at 12.7% (down from 12.9%); full-year net sales were SEK 20,407 million (-5% YoY).
Q4 adjusted EBITA was SEK 83 million (1.6% margin), up from SEK 28 million (0.6% margin); full-year adjusted EBITA was SEK 286 million (SEK 551 million prior year).
Q4 profit was SEK 3 million (SEK -83 million prior year); full-year loss was SEK -2,631 million (SEK 53 million prior year).
Cash flow from operating activities was SEK -73 million in Q4 (improved from SEK -355 million prior year); full-year was SEK -74 million (SEK 147 million prior year).
Leverage ended at 4.3x, up from 4.0x last year.
Outlook and guidance
Market stabilization is expected to continue, especially in the Nordics, with larger customers driving demand due to Windows 11 upgrades and structural trends.
Working capital and inventory levels are targeted for reduction in the coming quarters, with management expecting improved cash flow and working capital in Q1.
Strategic transformation continues with a focus on B2B and standardized services; medium-term targets include >10% EPS growth (3-year average), leverage of 2.0–3.0x Net debt/EBITDA, and >70% dividend payout ratio.
No dividend proposed for 2024/25.
Deleveraging path to target net debt?
How will B2B focus boost SMB organic growth?
Strategy for Netherlands' margin pressure?
What drives SMB hardware refresh delays?
Netherlands market: competitive landscape outlook?
Are long-term financial targets still valid?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Dustin Group earnings date
Q1 25/2614 Jan, 2026
Next Dustin Group earnings date
Q1 25/2614 Jan, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Company Research17 Oct 2025
Beneath the Surface: A Conversation with Epiroc CEO Helena Hedblom
Legacy, innovation, and leading one of Sweden's most influential industrial companies into a new era.
)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Frequently asked questions
Dustin Group is one of the largest e-commerce companies in the Nordic region, with operations in Sweden, Denmark, Norway and Finland. The company offers private and business customers a wide range of IT products and services. Dustin's operating income during 2017 was over SEK 11 billion and the customer base exceeded 1.8 million customers. At the end of Q2 2018, almost 1,400 people worked at Dustin. Dustin Group was founded in 1984 and is headquartered in Nacka Strand, Sweden.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage