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Samhall (SH) investor relations material
Samhall Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Delivered on most labor market policy goals despite weak economic conditions, higher unemployment, and rising costs.
Achieved strong business performance with new and renegotiated contracts, but posted a significant negative operating result due to unchanged state compensation amid rising costs.
1,310 employees transitioned to jobs outside the organization, and 62% of new hires came from prioritized groups.
Financial highlights
Net sales increased by 4% year-over-year to SEK 3,435 million; Q4 sales rose 5% to SEK 883 million.
Operating result for the year was SEK -274 million, down from SEK 182 million last year; Q4 operating result was SEK -156 million.
Net result for the year was SEK -72 million, compared to SEK 239 million in 2024.
Bruttovinstmarginal for the year was 87% (88% last year); operating margin was -8% (5%).
Cash flow for the year was SEK -240 million (SEK 267 million in 2024); cash and bank at year-end was SEK 1,177 million.
Outlook and guidance
Without an increase in state compensation in 2026 or 2027, larger deficits are expected.
Ongoing dialogue with stakeholders regarding long-term financing and sustainability of operations.
- Higher sales and gross profit offset by rising costs, resulting in a net loss for Jan–Sep 2025.SH
Q3 202529 Oct 2025 - Higher costs drove a net loss despite sales growth and new contracts in H1 2025.SH
Q2 202515 Aug 2025 - Strong profit turnaround and improved transitions, but full-year targets remain challenging.SH
Q3 202413 Jun 2025 - Operating profit rebounded and net income surged, despite flat sales and a tough market.SH
Q2 202413 Jun 2025 - Net profit rose to SEK 239 million in 2024, driven by higher state compensation and cost control.SH
Q4 20246 Jun 2025 - Net sales up 2%, but operating result negative; state support indexation proposed.SH
Q1 20256 Jun 2025
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