Precomp Solutions (PCOM) Q4 2025 earnings summary

Executive summary

• Full-year net sales decreased to 183.9 MSEK from 195.7 MSEK year-over-year, mainly due to lower volumes from a major customer, but cost efficiencies maintained profitability.

• EBITDA improved to 8.0 MSEK (7.5 MSEK), and EBIT rose to 4.4 MSEK (3.4 MSEK) for the year, reflecting successful cost control and structural improvements.

• The company implemented LEAN initiatives and invested in production technology, enhancing operational flexibility and productivity.

• After the reporting period, BergdahlGruppen AB acquired a majority stake (62.89%), providing long-term stability and supporting future investments.

Financial highlights

• Q4 net sales were 46.4 MSEK (48.9 MSEK), with EBITDA at 2.1 MSEK (1.4 MSEK) and EBIT at 1.2 MSEK (0.4 MSEK).

• Full-year net income after tax was 1.4 MSEK, up from a loss of -0.4 MSEK in the previous year.

• Cash flow from operating activities was -19.8 MSEK (3.4 MSEK), mainly due to increased working capital.

• Equity ratio declined to 24% from 29% year-over-year.

Outlook and guidance

• Focus for 2026 is on further LEAN implementation, automation projects, and replacement investments in older equipment to boost productivity and reduce volume sensitivity.

• Expansion outside the automotive sector and active market efforts are expected to support stable, long-term growth.