Garo Ab · OMXSTO:GARO
Garo Ab — GARO Aktiebolag — Q4 2025 Earnings Presentation
9 slides from Garo Ab's earnings presentation, Feb 19, 2026
Slide 1: Q4 2025 Presentation
Q4 2025 Presentation February 19, 202 6 Helena Claesson, CFO Axel Widmark, Chairman
Slide 2: Operational highlights
Operational highlights GARO Electrification GARO E -mobility Strategy • Stable foundation: • Challenging market: the market • Management: Tobias Byfeldt is Electrification continues to perform for plug -in vehicles was stable and appointed new CEO of GARO. Joe steadily and remains the financial perf
Slide 3: Financial highlights
Byt bild – man ser inte laddaren Financial highlights • Net sales for Q4 of MSEK 261 (284), down 8% • Net sales for full year 2025 of MSEK 1 044 (1 152), down 9% • GARO E -mobility continued to develop weakly with a decrease in sales of 21 percent in the quarter • Adjusted EBIT in Q4 of MSEK -4.9 (3
Slide 4: GARO Electrification
GARO Electrification • Net sales amounted to MSEK 212.0 (221.8) • Both Sweden and the Nordic countries showed growth of 4 respectively 1 percent in the quarter. • Deliveries to strategically important infraststructure projects • Adjusted EBIT amounted to MSEK 16.5 (26.1) Net sales, GARO Electrificat
Slide 5: GARO E-mobility
GARO E -mobility • Net sales in the quarter amounted to MSEK 49.0 (62.0) • Net sales for the full year amouted to MSEK 224.6 (300.7) • Adjusted EBIT in the quarter amounted to MSEK –21.2 ( -22.8) • Deliveries of a larger number of 43 kW to France, meeting the transport sector's increased need for re
Slide 6: Cash flow and balance sheet
Cash flow and balance sheet • Cash flow from operating activities before changes in working capital amounted to MSEK 6.2 (6.2) • Cash flow from operating activities after changes in working capital amounted to MSEK 37.0 (37.4) • Net debt of MSEK 239.8 (285.1) • Available liquidity including unutiliz
Slide 7: Building a stronger and more predictable GARO
Building a stronger and more predictable GARO Focused priorities - aligned execution - sustainable results. • Our work is centered around four priorities: • Organization and Execution – Clear roles, country accountability and consistent leadership rhythm. • Product and Technology – Simplify the port
Slide 8: Outlook
Outlook E-mobility Market • Improved market , with positive long -term trend Residential Construction • Recovery expected in 2026 , boosting housing -related products Commercial, Public & Industrial Demand • Stable demand in public, commercial & industrial sectors • Renovations & energy efficiency f
Slide 9: Q&A
Q&A