Dura Group (DURA) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached 72.7 MSEK, up from 63.3 MSEK pro forma in Q1 2024, reflecting growth and expanded operations.

• EBITDA for Q1 2025 was -3.3 MSEK, down from -1.4 MSEK pro forma in Q1 2024, impacted by higher costs from investments in geographic and sales expansion.

• The group completed a major reorganisation, launched its new structure, and finalized the acquisition of Isolerab in January.

• High demand for services is expected to drive positive development in Q2 2025.

Financial highlights

• Q1 2025 net sales were 72,546 KSEK, with a total operating loss of -28,094 KSEK and a net loss of -37,653 KSEK.

• Pro forma LTM revenue was 452 MSEK, with EBITDA of 49 MSEK, showing significant year-over-year growth from 348 MSEK revenue and 29 MSEK EBITDA.

• Net interest-bearing debt as of March 31, 2025, was -191 MSEK.

• Cash and cash equivalents at quarter-end were 96,252 KSEK, down from 308,209 KSEK at the start of the period.

Outlook and guidance

• High demand for services is anticipated to continue, with expectations for improved results in Q2 2025.