Linjemontage (LMGAB) Q4 25/26 earnings summary

Executive summary

• Achieved 39.2% net sales growth to 3,225.2 MSEK and 86.7% increase in operating profit to 177.2 MSEK year-over-year, driven by strong project activity, especially in Sweden.

• Implemented new ERP system, strengthened board and management, and completed IFRS transition for improved transparency.

• Introduced long-term incentive program for key personnel and optimized capital structure.

• No remaining exposure to a Brazilian affiliate after a one-time 53.7 MSEK write-down.

• Secured new orders of 591 MSEK early in FY 2026/2027, supporting continued high activity.

Financial highlights

• Net sales: 3,225.2 MSEK (up 39.2% year-over-year).

• Operating profit: 177.2 MSEK (up 86.7% year-over-year).

• Net income: 89.2 MSEK; EPS: 446.13 SEK.

• Cash flow from operations: 185.3 MSEK (up from 22.8 MSEK prior year).

• Solid equity ratio: 25.1% (down from 26.6% prior year).

Outlook and guidance

• Long-term demand supported by electrification, grid upgrades, and renewable integration.

• Strong order book and high visibility for continued profitable growth.

• Management expects robust market conditions, though project timing may vary.