Momentum Group (MMGR) investor relations material

Executive summary

• Achieved 7% year-over-year revenue growth and record-high quarterly EBITA in Q3 2025, despite a challenging and cautious Nordic market environment.

• Six acquisitions year-to-date contributed significant revenue and specialist expertise, supporting growth and offsetting weaker sales in comparable units.

• Strong service operations and cost management drove higher gross margins and profitability, with acquired companies performing well.

• Decentralized model and cost adjustments enabled resilience and profitability.

• Profitability remained robust, with the highest quarterly EBITA ever, driven by cost adjustments and strong acquisition contributions.

Financial highlights

• Q3 2025 revenue rose 7% to SEK 746 million; EBITA increased 7% to SEK 95 million (margin 12.7%); operating profit up 4% to SEK 81 million; net profit SEK 56 million; EPS SEK 1.10.

• For Jan–Sep 2025, revenue grew 8% to SEK 2,305 million; EBITA up 4% to SEK 263 million (margin 11.4%); net profit SEK 154 million.

• Net sales rolling twelve months surpassed SEK 3 billion for the first time.

• Return on working capital: 58%; return on equity: 25%; equity/assets ratio: 32%.

• Cash and equivalents plus unutilised credit: SEK 631 million; operational net loan liability: SEK 472 million.

Outlook and guidance

• Ongoing uncertainty in the Nordic region with subdued demand in key industrial segments; cautious customer sentiment expected to persist.

• Focus remains on customer value, cost control, and continued acquisition opportunities to achieve the five-year EBITDA target of SEK 340 million by 2026.

• Strong balance sheet and available credit facilities support continued investment in acquisitions and organic growth.