SIBEK (SIBEK) Q4 25/26 earnings summary

Executive summary

• Revenue increased by 14.1% year-over-year to 180,906 TSEK for the full year and by 6.5% in Q4 to 38,966 TSEK compared to the same quarter last year.

• EBIT rose 19.4% year-over-year to 30,516 TSEK for the year and nearly doubled in Q4 to 3,879 TSEK.

• EBIT margin improved to 16.9% for the year and 10.0% in Q4.

• EPS increased to 2.43 SEK for the year and 0.32 SEK in Q4.

• Board proposes a total dividend of 2.20 SEK per share for 2025-26, including an extra dividend.

Financial highlights

• EBITDA for the year was 30,908 TSEK (margin 17.1%), up from 25,764 TSEK.

• Net income for the year reached 24,700 TSEK, up from 20,754 TSEK.

• Cash flow from operations for the year was 17,783 TSEK, down from 24,713 TSEK.

• Cash and bank at year-end was 37,469 TSEK, down from 41,283 TSEK.

Outlook and guidance

• The company expects continued strong demand due to government infrastructure plans, especially for railway upgrades and ERTMS implementation.

• Recently awarded a major ERTMS project in Malmö, expected to run through 2033.