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Ogunsen (OGUN) investor relations material
Ogunsen Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 2025 marked a return to growth with net sales up 0.8% year-over-year, the first quarterly increase since Q2 2023, driven by higher demand in consulting and improved recruitment activity late in the quarter.
Full-year 2025 saw a 4.6% decline in net sales compared to 2024, but the pace of decline slowed and market signals turned more positive in late 2025.
EBIT and net profit improved significantly in Q4, with EBIT margin rising to 5.2% from 2.5% and net profit up 76% year-over-year.
The board proposes a dividend of 1.50 SEK per share for 2025.
Financial highlights
Q4 2025 net sales: 115.3 MSEK (up 0.8% year-over-year); full-year 2025: 443.0 MSEK (down 4.6%).
Q4 EBIT: 6.0 MSEK (2.8 MSEK in Q4 2024); EBIT margin: 5.2% (2.5%).
Q4 net profit: 4.8 MSEK (2.7 MSEK); EPS: 0.45 SEK (0.25 SEK).
Full-year EBIT: 18.2 MSEK (26.5 MSEK); EBIT margin: 4.1% (5.7%).
Full-year net profit: 14.2 MSEK (21.0 MSEK); EPS: 1.32 SEK (1.95 SEK).
Operating cash flow Q4: 19.1 MSEK (9.5 MSEK); full-year: 29.0 MSEK (23.5 MSEK).
Outlook and guidance
Early 2026 demand remains at Q4 2025 levels; management expects gradual improvement in market conditions and is focused on growth and higher profitability.
Continued investment in AI and digitalization to drive value and efficiency in 2026.
- Sales and profit fell, but consultant demand and optimism for recovery are rising.OGUN
Q3 202514 Nov 2025 - Sales and earnings fell in Q2 and H1 2025, with stabilized consulting demand but lower profitability.OGUN
Q2 202522 Aug 2025 - Sales and EBIT declined in Q3 2024, but recruitment showed growth amid weak consulting.OGUN
Q3 202413 Jun 2025 - Sales and profit fell sharply in Q2 2024, with EBIT margin dropping to 4.6%.OGUN
Q2 202413 Jun 2025 - Q1 2025 saw a 9% sales drop and lower margins, but operational cash flow turned positive.OGUN
Q1 20256 Jun 2025 - Sales and profit fell sharply in 2024 amid weak demand and cost-cutting actions.OGUN
Q4 20245 Jun 2025
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