Humble Group Ab · OMXSTO:HUMBLE
Humble Group Ab — Q1 2025 Earnings Presentation
18 slides from Humble Group Ab's earnings presentation, Apr 29, 2025
Slide 1: Interim Report January-March 2025
INTERIM REPORT JANUARY - MARCH 2025 IMPROVED CASH FLOW AND GROSS MARGIN FINANCIAL INFORMATION FIRST QUARTER Net sales amounted to MSEK 1,904 (1,826), an increase with 4% compared to the corresponding period last year. The organic growth for the period was 4%. EBITA amounted to MSEK 115 (133).
Slide 2: Comments from the CEO
| COMMENTS FROM THE CEO COMMENTS FROM THE PERSEVERANCE IN A VOLATILE MARKET We are experiencing some uncertainty in the market linked to weaker sentiment and consumer concerns, mainly driven by CEO the threat of trade tariffs. In the UK, the new regulations on labour have driven some concern among l
Slide 3: Humble Group's Financial Development
| FINANCIAL DEVELOPMENT HUMBLE GROUP’S FINANCIAL DEVELOPMENT FIRST QUARTER REVENUES RESULTS Net sales EBITA Net sales for the quarter amounted to MSEK 1,904 (1,826), EBITA for the quarter amounted to MSEK 115 (133), a an increase of 4% compared to the corresponding period change of MSEK -18 compared
Slide 4: Segment Reporting: Future Snacking
| SEGMENT INFORMATION SEGMENT REPORTING FUTURE SNACKING SEGMENT IN SHORT True Co. The gross margin strengthened to 51% but the Future Snacking offers healthier options in candy, snacks, EBITA increase was neglected by significant increased and various food products. By combining innovation, sales an
Slide 5: Segment Information: Quality Nutrition and Nordic Distribution
| SEGMENT INFORMATION QUALITY NUTRITION SEGMENT IN SHORT manufacturing services were key drivers of the negative Quality Nutrition combines contract manufacturing and sales impact. The temporary drop in demand resulted in strong brands within the categories of sports nutrition, decreased capacity ut
Slide 6: Consolidated Income Statement and Statement of Comprehensive Income
| FINANCIAL INFORMATION CONSOLIDATED INCOME STATEMENT AND STATEMENT OF COMPREHENSIVE INCOME Jan-Mar Jan-Mar Apr 2024 - Jan-Dec CONSOLIDATED INCOME STATEMENT, MSEK Note 2025 2024 Mar 2025 2024 Net sales* 7 1,904 1,826 7,786 7,708 Capitalized work on own account 1 1 7 7 Other operating income 7 45 102
Slide 7: Consolidated Balance Sheet - In Summary
| FINANCIAL INFORMATION CONSOLIDATED BALANCE SHEET - IN SUMMARY 31 Mar 31 Mar 31 Dec MSEK Note 2025 2024 2024 ASSETS Non-current assets Intangible assets 5,810 6,098 6,035 Tangible assets 258 190 261 Financial assets 87 101 90 Right-of-use assets 430 295 419 Deferred tax assets 41 29 37 Total non-cu
Slide 8: Consolidated Statement of Cash Flow
| FINANCIAL INFORMATION CONSOLIDATED STATEMENT OF CASH FLOW Jan-Mar Jan-Mar Apr 2024 - Jan-Dec MSEK 2025 2024 Mar 2025 2024 OPERATING ACTIVITIES EBIT 70 86 360 376 Adjustment for non-cash items: Depreciation and Amortization 81 71 322 312 Other items 1 -12 -65 -79 Paid tax -18 -18 -77 -77 Cash flow
Slide 9: Consolidated Statement of Changes in Equity
| FINANCIAL INFORMATION CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Equity attributable to Parent Company's shareholder Other Non- Total Share Translation Retained equity Total controlling shareholders capital reserve earnings MSEK contributed interest equity Opening balance January 1, 2024 98 5,028
Slide 10: Condensed Parent Company Income Statement and Balance Sheet
| FINANCIAL INFORMATION CONDENSED PARENT COMPANY INCOME STATEMENT Jan-Mar Jan-Mar Apr 2024 - Jan-Dec MSEK 2025 2024 Mar 2025 2024 Net sales 16 0 75 59 Other operating income 0 0 12 12 Total revenue 16 0 87 71 Other external expenses -9 -8 -43 -42 Personnel expenses -12 -9 -48 -45 Other operating exp
Slide 11: Notes
| FINANCIAL INFORMATION NOTES NOTE 1 – ACCOUNTING PRINCIPLES The consolidated financial statements have been prepared The financial statements have been prepared according to in accordance with the Swedish Annual Accounts Act, RFR cost method except from certain financial assets and 1 Supplementary
Slide 12: Notes 7 and 8: Segment Information and Revenue
| FINANCIAL INFORMATION In the first quarter of 2025, the global economy to monitor the situation and potential impact from experiences significant disruptions due to the US decisions-makers. administration’s aggressive tariff policies, leading to a Furthermore, the increased market price volatility
Slide 13: Notes 9 and 10: Net Interest-Bearing Debt and Financial Instruments
| FINANCIAL INFORMATION NOTE 9 – NET INTEREST-BEARING DEBT Humble's net interest-bearing debt as of March 31, 2025, is Humble received tax deferments of MSEK 260 during the presented in table below. second quarter 2023. During the third quarter 2024, the Group got a 36-month instalment plan approved
Slide 14: Alternative Performance Measures
| ALTERNATIVE PERFORMANCE MEASURES, GLOSSARY AND OTHER INFORMATION ALTERNATIVE PERFORMANCE MEASURES This report includes definitions and key figures that are not These financial measurements are not always comparable clearly defined in ÅRL or International Financial Reporting with the measures used
Slide 15: Alternative Performance Measures, Glossary and Other Information
| ALTERNATIVE PERFORMANCE MEASURES, GLOSSARY AND OTHER INFORMATION Jan-Mar Jan-Mar Apr 2024 - Jan-Dec MSEK 2025 2024 Mar 2025 2024 Net sales, base 1,826 1,592 7,284 7,050 Net sales, organic income growth 71 226 503 658 Organic growth, % 3.9% 14.2% 6.9% 9.3% Net sales 1,904 1,826 7,786 7,708 Raw mate
Slide 16: Glossary and Staff and Number of Employees
| ALTERNATIVE PERFORMANCE MEASURES, GLOSSARY AND OTHER INFORMATION GLOSSARY FMCG FMCG is an industry term and is short for Fast-Moving Consumer Goods Contingent consideration Deferred purchase price payments that are contingent upon future performance of an acquired subsidiary. The consideration can
Slide 17: Board of Directors' Approval
| BOARD OF DIRECTORS’ APPROVAL BOARD OF DIRECTORS’ APPROVAL The Board of Directors and the CEO assure that the interim report gives a true and fair view of the Group's and the Parent Company's operations, position and results and describes significant risks and uncertainties that the Parent Company
Slide 18: About Humble Group and Financial Calendar
ABOUT HUMBLE GROUP FINANCIAL CALENDAR Humble is a global FMCG group of fast-growing, May 21 2025 - The Annual General meeting entrepreneurial companies specializing in innovative, July 18 2025 - Interim report second quarter 2025 healthier and more sustainable consumer products. October 24 2025 - In