SIBEK (SIBEK) Q4 24/25 earnings summary

Executive summary

• Full-year revenue increased by 10.4% to 158,613 TSEK, driven by organic growth and higher consultant headcount.

• EBIT for the year rose 27.8% to 25,548 TSEK, with margin improving to 16.1%.

• Q4 saw a 4.8% revenue decline and a 66.2% drop in EBIT due to lower commissioning activity.

• Board proposes a total dividend of 2 SEK per share for 2024-25.

• No significant events occurred after the reporting period.

Financial highlights

• Q4 revenue: 36,591 TSEK (down 4.8% year-over-year); EBIT: 1,965 TSEK (down 66.2%).

• Full-year revenue: 158,613 TSEK (up 10.4%); EBIT: 25,548 TSEK (up 27.8%).

• Q4 EPS: 0.16 SEK (0.47 SEK prior year); full-year EPS: 2.04 SEK (1.63 SEK prior year).

• Cash flow from operations for the year: 24,713 TSEK; cash at period end: 41,282 TSEK.

• Equity ratio at 69% (68% prior year); no long-term debt.

Outlook and guidance

• High commissioning activity expected to continue through summer and autumn.

• Company well positioned for 2025-26 with strong order book and new service area in railway track technology.

• Management sees continued good prospects for growth and profitability.