Tura Group (TURA) investor relations material

Executive summary

• Revenue increased by 28.8% year-over-year to 245.7 MSEK, driven mainly by the acquisition of books and toys operations in spring 2025.

• Gross margin improved to 20.6% (from 17.0%), attributed to a favorable product mix and less adverse currency effects.

• EBITDA reached 8.0 MSEK (up from -1.4 MSEK), with an EBITDA margin of 3.3% (from -0.7%).

• Net income was 1.1 MSEK (from -5.3 MSEK), and EPS was 0.02 SEK (from -0.11 SEK).

• Cash flow from operations was 7.3 MSEK (from -21.4 MSEK), reflecting improved working capital and no major acquisitions this year.

Financial highlights

• Operating expenses (excluding goods and depreciation) rose to 43.1 MSEK (from 34.3 MSEK), mainly due to higher freight and personnel costs.

• Equity at quarter-end was 274.2 MSEK (from 268.0 MSEK), with a solid equity ratio of 47.1%.

• Liquidity including unused credit lines was 36.3 MSEK (from 70.9 MSEK).

• Interest-bearing debt decreased by 13.8 MSEK during the quarter.

Outlook and guidance

• Management expects growth rates to normalize as the books and toys segment is now included in comparative figures.

• The long-term EBITDA margin target remains at 8%, with continued focus on cost control and operational leverage.

• The company aims for 10–15% annual growth, both organically and via acquisitions.