Nilörngruppen (NIL) investor relations material

Executive summary

• Order income rose 5% in the quarter but was flat after adjusting for a large packaging order and currency effects; full-year order intake increased 1% to MSEK 946.

• Sales declined 6% to SEK 219 million in Q4, but adjusted for currency effects, sales increased to SEK 246 million; full-year net sales in SEK were unchanged at MSEK 945, up 7% organically.

• Operating profit for the quarter was SEK 8.1 million, impacted by non-recurring personnel and sustainability audit costs; full-year operating profit was MSEK 73.4, down from MSEK 82.9.

• Accumulated order income for the year was up 1%, with sales surpassing SEK 1 billion for the first time when adjusted for currency.

• Strategic investments included new sales hires in the US, a new subsidiary in the Netherlands, and ongoing digitalization and capacity expansion.

Financial highlights

• Q4 operating profit was SEK 8.1 million, down from SEK 19.5 million in the previous year, with a margin of 3.7% (8.4%).

• Non-recurring costs in Q4 included SEK 3.3 million for personnel changes and SEK 1 million for sustainability report auditing.

• Full-year operating margin was 7.8% (8.8%), and profit margin 7.1% (8.3%).

• Gross margin improved to 47.2% in Q4 and 46.0% for the year.

• Earnings per share for the year were SEK 4.43 (5.17).

Outlook and guidance

• Outdoor industry segment expected to remain strong; luxury segment remains weak due to client overstock, with improvement expected mid-year or mid-2026.

• Focus for the next five years includes strengthening RFID, heat transfer, packaging, and digital solutions, with continued investments in production capacity and geographic expansion.

• Continued investments in digitalization, capacity, and organization are expected to support long-term growth.

• The Board proposes an unchanged dividend of SEK 1.50 per share.