Momentum Group (MMGR) investor relations material

Executive summary

• Revenue and earnings grew in Q4 2025 despite a cautious and uncertain market, with gradual improvement in market signals and positive sector trends in Sweden; Denmark saw weaker project activity.

• Organic growth improved slightly over the previous quarter, supported by cost-saving measures and a decentralized structure enabling agile responses.

• Six acquisitions were completed in 2025, adding approximately SEK 300 million in annual revenue.

• Strong cash flow and financial position support both organic and acquisition-driven growth for the coming year.

Financial highlights

• Q4 2025 revenue increased by 6% year-over-year to SEK 792 million, with acquisitions contributing SEK 75 million.

• Q4 EBITA rose by 6% to SEK 74 million, with a margin of 9.3%; Q4 operating profit increased 11% to SEK 59 million.

• Full-year 2025 revenue grew by 8% to SEK 3,097 million, and EBITA increased by 5% to SEK 337 million, with a margin of 10.9%.

• Full-year net profit reached SEK 196 million, with earnings per share at SEK 3.80.

• Board proposes a dividend of SEK 1.40 per share for 2025, an 8% increase year-over-year.

Outlook and guidance

• Gradual market improvement is expected, with positive signals in more customer segments and a stable financial foundation for continued organic and acquisition-driven growth.

• The next phase targets doubling EBITA to SEK 680 million by 2030, maintaining a 15% annual growth ambition and focusing on value chain expansion and selective geographic growth.