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Rejlers
Rejlers (REJL-B) investor relations material
Rejlers Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Feb, 2026
Executive summary
Net sales for 2025 reached SEK 4,741.0 million, up 7.0% year-over-year, with Q4 sales at SEK 1,310.7 million, up 7.1%.
EBITA for 2025 was SEK 377.7 million, with a margin of 8.0%; Q4 EBITA was SEK 120.0 million, margin 9.2%.
Organic growth excluding currency effects was 5.8% in Q4 2025; full-year organic growth was 6.5%.
Earnings per share before dilution declined to SEK 2.88 in Q4 2025 and SEK 8.74 for the year.
Board proposes a dividend of SEK 5.25 per share.
Financial highlights
Operating profit (EBIT) for 2025 was SEK 302.1 million, up from SEK 288.2 million.
Net financial items were SEK -51.6 million, impacted by revaluation of acquisition liabilities.
Cash flow from operating activities was SEK 312.8 million, down from SEK 407.7 million in 2024.
Net debt/EBITDA stable at 1.2x; equity/assets ratio improved to 52.8%.
Investments in subsidiaries and businesses totaled SEK 118.6 million, mainly for Risk Pilot AB and Spring Advisor Oy.
Outlook and guidance
Strategic focus on organic growth, fee increases, and aligning pricing with market levels.
Targeting SEK 8 billion turnover and at least 10% EBITA margin by 2030.
Continued transformation and focus on sustainable business strategy targeting 2030.
Good utilisation and higher fees contributed to growth.
Continued strong demand expected in energy and infrastructure; cautious optimism for industry and real estate.
How will fee increases sustain profit growth in 2026?
Explain the drop in operating cash flow despite EBITA growth.
How will Rejlers close the market pricing gap?
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Next Rejlers earnings date
Q1 202629 Apr, 2026
Rejlers
Next Rejlers earnings date
Q1 202629 Apr, 2026
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Frequently asked questions
Rejlers provides engineering consultancy services in the fields of energy, infrastructure, industry, and real estate. The company delivers design, project management, and advisory solutions across the Nordic region. It is headquartered in Stockholm, Sweden, and its shares are listed on the Nasdaq Stockholm.
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