Ecoclime Group (ECC) Q1 2025 earnings summary

Executive summary

• Net sales declined 19% year-over-year to 34.1 MSEK in Q1 2025, with EBIT falling to -18.3 MSEK from -7.1 MSEK.

• The quarter was marked by continued weak market conditions, especially in Cirkulär Energi, and leadership changes including a new CEO.

• Strategic focus is on cost control, operational improvements, and targeting energy efficiency demand.

Financial highlights

• Net sales: 34.1 MSEK (down 19% from 42.3 MSEK in Q1 2024).

• EBIT: -18.3 MSEK (vs. -7.1 MSEK), with a margin of -54%.

• EPS: -0.40 SEK (vs. -0.19 SEK).

• Operating cash flow: -11.8 MSEK (vs. -5.0 MSEK).

• Equity per share: 2.84 SEK (vs. 5.65 SEK).

Outlook and guidance

• Management expects effects from new sales initiatives and cost controls to materialize in late Q2 and Q3.

• Market demand for energy efficiency and sustainable technology is rising, but Swedish economic conditions remain challenging.