Silex Microsystems (SILEX) Q4 2025 earnings summary

Executive summary

• Net sales increased by 13% year-over-year to 1,385 MSEK, driven by higher volumes from existing and new customers and improved production capacity.

• Operating income rose to 368 MSEK from 339 MSEK, with underlying EBIT at 417 MSEK excluding a one-off credit loss provision.

• A major ownership change in July 2025 re-established Swedish majority ownership, bringing in new industrial and financial expertise.

• Investments of 194 MSEK were made to expand production capacity and improve quality and safety.

• A new long-term incentive program for employees was introduced, raising 48 MSEK in equity.

Financial highlights

• Net sales: 1,385 MSEK (up from 1,226 MSEK), with 19% currency-adjusted growth.

• Operating income: 368 MSEK (339 MSEK), EBIT margin improved.

• Net income: 269 MSEK (273 MSEK), EPS: 29.12 SEK (30.91 SEK).

• Cash flow from operations: 353 MSEK (377 MSEK).

• Cash and equivalents at year-end: 266 MSEK (434 MSEK).

• Dividend paid: 250 MSEK (383 MSEK).

• Investments in tangible assets: 195 MSEK (78 MSEK).

Outlook and guidance

• The global semiconductor market remains strong, with expectations for continued favorable conditions, though some uncertainty persists due to geopolitical and financial market developments.