Logotype for Vestum

Vestum (VESTUM) investor relations material

Vestum Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Vestum
Q2 2025 earnings summary14 Jul, 2025

Executive summary

  • Organic growth reached 4% in Q2 2025, with cash flow and profitability stable despite a 7% net sales decrease from divestments and currency effects.

  • Free cash flow increased by over SEK 50 million in Q2, with cash conversion at 82%.

  • One acquisition completed (Nortech), with investments in production capacity and leverage rising to 2.65x EBITDA.

  • Divestments in the Solutions segment, including major companies, led to lower sales and a capital loss.

  • Focus remains on growth investments and strengthening market position, especially in the UK.

Financial highlights

  • Q2 2025 net sales: SEK 1,012 million, down 7% year-over-year due to divestments, partially offset by acquisitions.

  • Adjusted EBITA margin was 10.1%, in line with last year.

  • Organic growth was 4%, up from 3% in Q1.

  • LTM free cash flow reached SEK 120 million, a significant increase from Q1.

  • Cash flow from operating activities: SEK 79 million in Q2.

Outlook and guidance

  • Flow Technology segment expected to benefit from UK water infrastructure investments (AMP8) in coming years, with a solid M&A pipeline.

  • Short-term caution in the UK market due to AMP8 ramp-up and resource planning, but positive effects anticipated in late 2025.

  • Profitability in Solutions segment expected to improve as Swedish construction recovers.

  • Additional UK-based acquisitions planned before year-end.

  • Midterm market outlook remains positive despite short-term uncertainties.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Vestum earnings date

Logotype for Vestum
Q3 202523 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Vestum earnings date

Logotype for Vestum
Q3 202523 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Vestum is a construction and infrastructure services company providing specialized contracting, installation, and maintenance solutions. It serves clients in the water, energy, and transport sectors. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Nasdaq First North Growth Market.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage