Idun Industrier (IDUN) investor relations material

Strategic positioning and business model

• Focus on acquiring and growing market-leading industrial companies, emphasizing both organic and acquisition-driven expansion.

• Over 90% of revenue is generated in the Nordics, with a strong presence in Sweden.

• Business model prioritizes quality, decentralization, and direct sourcing of acquisitions, with 80% of deals outside traditional auctions.

• Portfolio companies typically hold significant market shares, often around 50%, and operate in niche sectors.

• The group has completed 35 acquisitions since 2014, supporting robust growth.

Financial performance and growth

• Net sales reached SEK 2,298 million LTM Q4 2025, with a 30% CAGR in recent years.

• EBITA for LTM Q4 2025 was SEK 316 million, with a margin of 14.6%.

• Gross margin and EBITA margin have remained stable and high, around 60% and 14% respectively.

• Q4 2025 saw revenue of SEK 615 million (+8.4%) and EBITA of SEK 76 million (+2.0%), with EPS up 21.7%.

• Recent acquisitions (MEAB, Trikåby, Mouldex) are expected to contribute positively in the next 12 months.

Organizational strengths and leadership

• Lean headquarters with experienced leadership and significant management ownership.

• Due diligence is primarily conducted internally, ensuring alignment with group strategy.

• The organization has scaled in line with group growth and is positioned for continued expansion.

• Strong alignment and shared interests across board, management, and subsidiary leadership.

• The group offers an attractive proposition for family-owned businesses seeking new ownership.