Gomero Group (GOMERO) Q4 2024 earnings summary

Executive summary

• Net sales for Q4 2024 increased by 44% year-over-year to 19,970 tkr, with full-year sales up 29% to 55,223 tkr.

• EBITDA for Q4 rose 125% to 3,880 tkr, and full-year EBITDA more than doubled to 5,698 tkr.

• Strong demand for predictive maintenance solutions, highlighted by major orders from Ellevio and Western Power.

• Organic growth reached 29% for the year, with a focus on digitalization and sustainable energy systems.

Financial highlights

• Q4 EBITDA margin improved to 19.4% (from 12.4%), and EBIT margin to 16.6% (from 9.4%).

• Full-year EBITDA margin was 10.3% (5.8% prior year); EBIT margin 6.8% (1.4%).

• Net income for Q4 was 2,618 tkr (up from 1,178 tkr); full-year net income was 3,106 tkr (up from 553 tkr).

• Earnings per share for the year increased to 0.8 kr (0.1 kr prior year).

• Equity per share rose to 7.1 kr (6.3 kr prior year).

Outlook and guidance

• Management sees continued strong positioning for sustainable, profitable growth and global expansion.

• No current impact from macroeconomic or geopolitical developments, but these are monitored closely.

• Board proposes a dividend of 0.40 kr per share, about 50% of 2024 net income.