ALK-Abelló (ALK) AGM 2025 summary

Opening remarks and agenda

• AGM was legally convened with 99% of votes and share capital represented, ensuring broad support for agenda proposals.

• Agenda included reports on activities, approval of annual report, profit allocation, remuneration, board elections, auditor appointment, and other business.

Financial performance review

• Revenue grew by 15% in local currencies, reaching over DKK 5.5 billion, with EBIT margin rising to 20%.

• Operating profit exceeded DKK 1.1 billion, the best result ever, driven by strong tablet sales and cost control.

• Cash flow from operations was DKK 1.2 billion, and tablet sales grew 24%.

• 2025 guidance expects 9–13% revenue growth and EBIT margin around 25%.

Board and executive committee updates

• Board held 13 meetings and several committee sessions, focusing on new strategy and self-evaluation.

• Remuneration for management increased due to performance, with total board remuneration at DKK 41 million.

• Board activity level was high, and a fee increase for 2025 was proposed to attract expertise.