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HAKI Safety (HAKI) investor relations material
HAKI Safety Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary22 Oct, 2025
Executive summary
Net sales rose 14% year-over-year in Q3 2025 to SEK 288 M, with organic growth of 2% and a 15% boost from acquisitions, offset by a 3% negative currency effect.
Adjusted EBITA increased to SEK 24 M from SEK 18 M, and net result after tax doubled to SEK 32 M.
A SEK 50 M rights issue was completed to repay acquisition-related bridge loans, oversubscribed at 104.3%.
Financial highlights
Q3 gross margin improved to 37.2% (from 34.4%), and adjusted EBITA margin reached 8.3% (from 7.1%).
Operating profit was SEK 30 M (up from SEK 25 M), with a SEK 9 M positive effect from earnout revaluations.
Cash flow from operating activities was SEK 1 M, a turnaround from SEK -15 M last year.
For the first nine months, net sales grew 15% to SEK 875 M, with adjusted EBITA at SEK 50 M (down from SEK 52 M).
Outlook and guidance
Management remains positive about future prospects, citing high market activity and strong demand in energy and infrastructure, despite ongoing global uncertainties.
The cost-saving and efficiency program in Scaffolding Systems is on track, expected to yield SEK 10-15 M in annual savings by 2026.
Financial targets include SEK 2,000 M net sales by 2027 and an adjusted EBITA margin above 10%.
Trimtec earn-out outlook given Semmco revaluation?
Scaffolding cost program: 2026 full effect impact?
Reconcile soft market with high activity levels.
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Next HAKI Safety earnings date
Q4 20255 Feb, 2026
Next HAKI Safety earnings date
Q4 20255 Feb, 2026
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Frequently asked questions
HAKI Safety AB develops and delivers scaffolding systems, weather protection systems, hanging scaffolding, and stamping systems. It operates as a subcontractor; and offers customized system solutions. The company provides contract manufacturing for industrial customers, as well as contract manufacturing services. It offers its products through its subsidiaries in Sweden and other countries worldwide. HAKI’s vision is to be recognized as an attractive industry partner by developing and delivering innovative products.
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