Clemondo Group (CLEM) Q2 2025 earnings summary

Executive summary

• Net sales increased by 9% year-over-year to 73.0 MSEK in Q2 2025, with all market areas except contract manufacturing contributing to growth.

• EBITDA reached 4.3 MSEK, but excluding one-time CEO transition costs, adjusted EBITDA was 7.4 MSEK with a margin of 10.1%.

• Profit after tax was 0.0 MSEK, compared to 0.9 MSEK in Q2 2024.

• CEO transition completed, with Peter Andersson appointed as new CEO effective by February 2026.

Financial highlights

• Net sales: 73.0 MSEK (66.8 MSEK Q2 2024), up 9% year-over-year.

• EBITDA: 4.3 MSEK (5.5 MSEK Q2 2024); adjusted EBITDA: 7.4 MSEK.

• EBIT: 0.7 MSEK (1.8 MSEK Q2 2024); EBIT margin: 0.9%.

• Earnings per share: 0.00 SEK (0.06 SEK Q2 2024).

• Cash flow from operations before working capital changes: 5.4 MSEK (3.2 MSEK Q2 2024).

Outlook and guidance

• Growth initiatives in digitalization, logistics, and product assortment are expected to support continued profitable growth.

• Short-term profit margins may be pressured by ongoing investments.

• The company aims for at least 12% annual growth and an EBITDA margin of at least 10% over a business cycle.