Storskogen Group (STOR) Investor presentation summary

Business overview and strategy

• Operates as an international group acquiring and developing small and medium-sized businesses, with a focus on strong cash flows and long-term growth potential.

• Targets both organic and acquisition-driven growth, aiming for a 15% annual EBITA increase.

• Portfolio includes 160 business units across services, trade, and industry sectors, with a workforce of around 10,000.

• Emphasizes a decentralized, active ownership model and systematic growth phases, including deleveraging and focused capital allocation.

Financial performance and portfolio

• Last twelve months (LTM) sales reached SEK 33 billion, with LTM EBITA at SEK 3.1 billion.

• Maintained stable annual sales and consistent operating cash flow despite macroeconomic headwinds and volume drops exceeding 20%.

• Achieved significant net debt reduction from SEK 15 billion to SEK 11 billion over three years.

• Cash flow strength has enabled continued investment in growth initiatives.

Market presence and exposure

• Sales are geographically diversified: 45% Sweden, 11% UK, 9% Norway, 8% Germany, 8% other EU, 6% USA, and smaller shares in other regions.

• Portfolio has relatively high exposure to Sweden and cyclical businesses, impacting organic growth and volatility.