Profilgruppen (PROF) Q1 2025 earnings summary

Executive summary

• Revenue increased by 10% year-over-year to MSEK 641.3, with delivery volumes stable at 9,200 tonnes.

• Adjusted operating profit rose to MSEK 64.9 (from 50.3), with an adjusted margin of 10.1% (8.7%).

• Net income improved to MSEK 44.1 (27.5), and EPS reached SEK 5.75 (3.43).

• Polish operations launched, incurring a start-up loss of MSEK -3.8.

• Board raised the operating margin target to at least 14%.

Financial highlights

• Net turnover: MSEK 641.3 (581.2), up 10% year-over-year.

• Adjusted operating profit: MSEK 64.9 (50.3); accounting operating profit: MSEK 54.1 (43.6).

• Operating margin: 8.4% (7.5%); adjusted operating margin: 10.1% (8.7%).

• Net income: MSEK 44.1 (27.5); profit before tax: MSEK 55.5 (34.6).

• Investments: MSEK 16.9 (15.2), mainly in machinery and extrusion dies.

Outlook and guidance

• Market for aluminum profiles in Northern Europe remains challenging with low business cycle and trade turbulence.

• No direct U.S. exposure, but indirect effects from trade war; new business opportunities may arise.

• No formal forecast provided for 2025.