Triona (TRIONA) investor relations material

Executive summary

• Net sales increased by 7.3% year-over-year to 69.1 MSEK, with recurring revenues up 13.3% to 25.8 MSEK.

• EBITA improved to 0.9 MSEK from -4.3 MSEK, and EBIT to -1.6 MSEK from -6.6 MSEK year-over-year.

• The FOCUS28 strategy continues to drive transformation toward a SaaS and product-focused business, with ARR up 16.9% to 110.7 MSEK.

• Sweden showed stable growth and lower costs, Norway saw recurring revenue growth despite a challenging expert services market, and Finland increased both recurring and consulting revenues.

Financial highlights

• Recurring revenues reached 25.8 MSEK, up from 22.7 MSEK, and total net sales were 69.1 MSEK, up from 64.4 MSEK year-over-year.

• EBITA margin improved to 1.3% from -6.7%, and EBIT margin to -2.3% from -10.2%.

• Cash flow from operations was 5.0 MSEK, down from 7.2 MSEK year-over-year.

• Negative currency effect for the quarter was -0.6 MSEK.

Outlook and guidance

• Demand for data management and analytics solutions in infrastructure, transport, and forestry remains strong.

• Investments in infrastructure are increasing, driven by maintenance needs and new requirements in defense and logistics.

• The company aims to continue growing recurring revenues and profitability through SaaS transformation.