Gullberg & Jansson (GJAB) investor relations material

Executive summary

• Revenue increased by 11% year-over-year to 270.6 MSEK, with Q4 revenue up 46% to 66.8 MSEK compared to the same quarter last year.

• EBITA improved to -4.8 MSEK from -6.3 MSEK, but the group posted a net loss after tax of -7.6 MSEK, impacted by goodwill write-downs totaling -26.6 MSEK.

• Strong cash flow from operations at 25.2 MSEK, up from 11.6 MSEK, reflecting improved working capital management.

• Strategic focus shifted to core segments; Energi & Klimat to be discontinued in 2026.

Financial highlights

• Q4 EBITA was -6.2 MSEK, unchanged from last year; full-year EBITA improved to -4.8 MSEK.

• Net income for the year was -7.6 MSEK, an improvement from -12.3 MSEK in 2024.

• Earnings per share for the year were -0.84 SEK, up from -1.02 SEK.

• Cash and cash equivalents at year-end were 38.5 MSEK, up from 22.4 MSEK.

• Equity at year-end was 116.5 MSEK, with a solidity of 49%.

Outlook and guidance

• No dividend proposed for 2025 due to the loss.

• The group expects improved profitability from 2026 as Energi & Klimat is discontinued, with estimated annual result improvement of 5–6 MSEK (excluding one-time costs of 3–5 MSEK in 2026).

• Continued focus on profitable growth in Hem & Trädgård and Park & Miljö.