Alleima (ALLEI) Company presentation summary

Market position and business overview

• Leading provider of advanced stainless steels, special alloys, ultrafine medical wires, and industrial heating products with strong positions in niche markets.

• Operates a fully integrated value chain with industry-leading R&D and global reach, including 5 R&D centers and 40+ sales offices.

• Premium offering structured across three divisions: Tube, Kanthal, and Strip, each holding top market positions in their segments.

• Serves demanding industries such as oil & gas, industrial, medical, chemical, and nuclear, with diversified revenue streams.

Financial performance and targets

• FY 2025 revenues reached SEK 18,630 million, with adjusted EBIT of SEK 1,555 million and an 8.3% margin.

• Organic revenue growth was flat for the year, with free operating cash flow at SEK 1,100 million.

• Proposed dividend of SEK 2.50 per share, representing 71% of profit for the period (adjusted for metal price effects).

• Maintains a net debt to equity ratio below 0.3x and an average adjusted EBIT margin target above 9% over the cycle.

Segment performance

• Tube division faced high market uncertainty, with organic order intake down 7% and revenue down 11%; EBIT margin at 8.4%.

• Kanthal division saw positive topline growth, with organic order intake up 9% and revenue up 10%; EBIT margin at 16.3%.

• Strip division reported organic order intake down 11% but revenue up 20%, with improved EBIT margin at 9.5%.