Hernö Gin (HERNO) investor relations material

Executive summary

• Q4 net sales increased to 12.9 MSEK from 11 MSEK, marking a positive year-end despite challenging market conditions with consumers shifting to lower-priced alternatives.

• Strategic investments included opening Hernö Gin Hotell and Hernö Gin Bar in Göteborg, strengthening brand presence and visitor business.

• Distribution to Systembolaget resumed in-house, improving sales control and margins.

• The company remains debt-free with a strong cash position, enabling a proposed dividend of 3.9 MSEK.

Financial highlights

• Q4 net sales: 12.9 MSEK (up from 11 MSEK year-over-year); full-year net sales: 47.4 MSEK (down from 50.3 MSEK year-over-year).

• Q4 gin sales: 7 MSEK (6.8 MSEK prior year); full-year gin sales: 27.9 MSEK (33.9 MSEK prior year), reflecting lower total bottle sales.

• Visitor business Q4 sales: 5.8 MSEK (4.2 MSEK prior year); full-year: 19.5 MSEK (16.4 MSEK prior year).

• Q4 pre-tax profit: 0.2 MSEK (loss of -0.6 MSEK prior year); full-year pre-tax profit: 5.8 MSEK (6.8 MSEK prior year).

• Full-year net profit: 4.4 MSEK (5.0 MSEK prior year).

Outlook and guidance

• Focus remains on profitable growth, brand building, and premium positioning despite a cautious market.

• Continued investment in experiences and international expansion with a selective, long-term approach.