Slide 1: Results presentation Q4 and full year 2025
Results presentation Q4 and full year 2025
Slide 2: Q4 and full year 2025 in summary
Q4 and full year 2025 in summary A strong fourth quarter and record earnings for 2025 Strong growth and strengthened EBIT: Organic growth 11.4% (10.1) in the quarter and 11.4% (9.2) for the full year Like-for-like growth 9.1% (6.1) in the quarter and 8.1% (6.1) for the full year EBIT growt
Slide 3: Q4 overview
Q4 overview Q4 Net sales amounted to 1 784 MSEK (1 631), an Net Sales increase of 9.4% MSEK 1 784 Gross margin amounted to 76.5% (77.2) Q4 Gross margin 76.5% Organic growth increased to 11.4% (10.1) and growth like-for-like was 9.1% Q4 EBIT increased to 215 MSEK (186) Organic growth +11.4%
Slide 4: 2025 overview
2025 overview 2025 Net sales amounted to 7 065 MSEK (6 435), an Net Sales increase of 9.8% MSEK 7 065 Gross margin amounted to 74.2% (75.3) 2025 Gross margin 74.2% Organic growth increased to 11.4% (9.2) and growth like-for-like was 8.1% 2025 EBIT increased to 862 MSEK (819) Organic growth +
Slide 5: Strong development in Sweden, Norway and Finland
Strong development in Sweden, Norway and Finland Organic growth Q4 Like for like Q4 EBITDA Q4 EBIT Q4 1 +11.2% +9.4% 286 MSEK (259) 206 MSEK (189) Organic growth FY Like for like FY EBITDA FY EBIT FY SWEDEN +11.4% +9.1% 1 059 MSEK (980) 760 MSEK (711) Organic growth Q4 Like for like Q4 EBITDA Q4 EBI
Slide 6: New stores – proven establishment strategy with rapid profitability
New stores – proven establishment strategy with rapid profitability Rolling 12-months actuals (MSEK) – selected stores Store Opening/Upgrade month Sales EBITDA* Comment Store Opening/Upgrade month Sales EBITDA* Comment Synsam Norrmalmstorg 2019-03 81 30 Profil Optik Roskilde** 2022-12 11 3 B I Synsa
Slide 7: Net sales cash - strong development +8.2%
Net sales cash - strong development +8.2% Strong development in net sales cash*, which amounted to 3 298 MSEK 2025. In the quarter, net sales amounted to 788 MSEK (728), an increase of 8.2%. Net sales cash (MSEK) 3298 3024 2897 2663 2533 2411 2251 2019 2020 2021 2022 2023 2024 2025 Q4 2025 RESULTS
Slide 8: Strong growth in Synsam Lifestyle. Customer base increased by 7.5% YoY.
Strong growth in Synsam Lifestyle. Customer base increased by 7.5% YoY. Net sales Synsam Lifestyle (MSEK) Churn and customer growth remains stable Churn 2,84% 2,91% 2,88% 2,97% 2,60% 2,69% 2,51% 2,20% 2,17% 2,17% 2,28% 2,33% 2,12% 2,11% 2,04% 1,86% 3767 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q
Slide 9: Share of Synsam EyeView examinations is increasing and contributing to growth
Share of Synsam EyeView examinations is increasing and contributing to growth Of the total eye examinations* during the quarter, 19% were carried out using Synsam EyeView in Sweden, and 22% were carried out using Synsam EyeView in Norway Share of Synsam EyeView examinations in Sweden: 19% 17% 14%
Slide 10: Financial development
C CIAL DEVELOPMENT . a &) s¥NSAM GROUP
Slide 11: Long term financial development – strong trend
Long term financial development – strong trend 8 500 Net sales development Profitability development +23% Average 1800 +20% annual growth +13% 1 689 7 500 +12% +9% +10% rate: 1 595 9% +11% 1600 7 065 +0% 1 440 6 500 +2% 23,0% 1400 6 435 1 274 1 217 5 500 5 905 -+20% 1200 5 277 984 957 991 4 500 1000
Slide 12: Strong cash flow and lower Net debt/Adjusted EBITDA
Strong cash flow and lower Net debt/Adjusted EBITDA Cash flow from operating activities before changes in Cash flow from operating activities before changes in working capital working capital increased to 303 MSEK (302) in the 1220 1274 quarter, and to 1 274 MSEK (1 220) for the full year 302 303
Slide 13: Summary
© sensam GROUP
Slide 14: Strong end to a record year
Strong end to a record year Strong growth, strengthened EBIT and market position during the quarter in a consumer market that remained restrained: Organic growth increased to 11.4% Like-for-like growth increased to 9.1% EBIT increased 15.4% Improved cash flow. Cash flow from operating acti
Slide 15: www.synsam.com
www.synsam.com