AddLife (ALIF) Q3 2025 earnings summary

Executive summary

• Achieved strong organic and acquired growth, with EBITA/EBITDA margin rising to 11.1% from 9.8% year-over-year, and significant profit improvements supported by cost control and lower interest rates.

• Net sales for Q3 reached SEK 2,429m (+4% YoY), with organic growth at 6% and acquired growth at 1%.

• Profit before tax increased 164% and profit after tax surged 228% year-over-year, with EPS at SEK 0.66.

• Net debt/EBITDA reduced to 2.9, meeting the target of below 3.0 and enabling increased acquisition activity.

• Platform acquisitions in Europe and a focus on advanced, high-margin products have strengthened segment performance and margins.

Financial highlights

• EBITA/EBITDA grew 17–20% year-over-year, with EBITA margin at 11.1% (9.8% last year) and year-to-date margin at 11.9% (11.0%).

• Profit after tax for Q3 was SEK 82m (+228% YoY); EPS SEK 0.66.

• Operating cash flow for Q3 was SEK 145m; accumulated operating cash flow SEK 504m (429m last year).

• Cash conversion remained above 90%, with a focus on working capital efficiency.

• Net debt decreased by SEK 52m in Q3.

Outlook and guidance

• Inventory increased in preparation for expected strong Q4 sales.

• Strengthened balance sheet and reduced leverage enable increased acquisition activity.

• Continued focus on profitability improvement and efficiency initiatives, with positive long-term market outlook.