OEM International (OEM) Q4 2025 earnings summary

Executive summary

• Incoming orders increased by 5% in Q4 2025 and 3% for the full year, reaching SEK 1,371 million and SEK 5,338 million, respectively.

• Net sales decreased by 2% in Q4 2025 to SEK 1,327 million but rose 1% for the full year to SEK 5,317 million.

• EBITA fell by 2% in Q4 and 1% for the year, with margins at 15.2% for Q4 and 15.0% for the year.

• Profit after tax declined by 8% in Q4 and 2% for the year, with EPS at SEK 1.05 for Q4 and SEK 4.27 for the year.

• Order book at year-end was 10% higher than the previous year, at SEK 940 million.

Financial highlights

• Operating profit for Q4 was SEK 192 million (down from 197), and SEK 759 million for the year (down from 763).

• EBITA for Q4 was SEK 202 million (206), and SEK 795 million for the year (800).

• Return on equity for the year was 23.4%, below the 25% target.

• Cash flow from operating activities was SEK 763 million, with total cash flow at SEK 272 million.

• Equity/assets ratio improved to 75% from 72%.

Outlook and guidance

• Order intake exceeding net sales in Q4 and robust order book support confidence for coming quarters.

• Continued focus on market share gains and operational efficiency amid global uncertainty.

• Acquisitions and strong financial position provide opportunities for further expansion.