)
Ferronordic (FNM) investor relations material
Ferronordic Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 2025 revenue declined 10% to SEK 1,211m, but gross profit rose 12% and operating profit reached SEK 31m despite SEK 23m in one-off costs.
Net profit improved to SEK 15m, supported by a 24% reduction in net finance costs, despite SEK 18m in FX losses.
Net debt decreased to SEK 1,616m, with net debt/EBITDA improving to 3.4x from 5.2x a year earlier.
Equity at quarter-end was SEK 1,306m, or SEK 90 per share.
No dividend is proposed for 2025 due to the negative full-year result.
Financial highlights
Gross margin for Q4 2025 increased by 3.5pp to 17.7%, driven by improvements across all segments.
SG&A rose 1% to SEK 181m, representing 15% of revenue.
Operating margin for Q4 was 2.6%; full-year operating margin at 1.7%.
Full-year revenue fell 6% to SEK 4,566m; gross profit up 2% to SEK 792m; operating profit up to SEK 77m (SEK 100m excluding one-offs).
Net result for 2025 was SEK -199m, mainly due to SEK 185m in FX losses.
Outlook and guidance
US outlook remains positive, with strong order books, infrastructure activity, and further expansion opportunities.
German market expected to recover gradually, with improved demand for service and parts and a lower cost base.
Kazakhstan shows signs of recovery, especially in mining and road construction, with new management and a leaner balance sheet.
Next Ferronordic earnings date
Next Ferronordic earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
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.
Explore our global coverage
)
)