Momentum Group Ab Class B · OMXSTO:MMGR_B
Momentum Group Ab Class B — Q4 2025 Earnings Presentation
16 slides from Momentum Group Ab Class B's earnings presentation, Feb 18, 2026
Slide 1: Year-end report 2025: Stable performance with gradual improvement in market signals
Year-end report 2025 Stable performance with gradual improvement in market signals Ulf Lilius, President and CEO Niklas Enmark, CFO
Slide 2: Highlights Q4 2025
Highlights Q4 2025 Revenue: • • Revenue and earnings growth in a challenging market. Slightly improved organic growth compared with Q3. +6% EBITA-growth: • Positive development in several sectors in Sweden; Finland +6% slowly improving and Norway stable. Denmark impacted by weaker project activity.
Slide 3: 2025: Continued earnings growth, stable profitability and strong cash flow
2025: Continued earnings growth, stable profitability and strong cash flow in a challenging market Targets and target fulfilment Financial targets Target Outcome 2025 EBITA growth >15% 5% (2024: 22%) EBITA/WC >45% 58% (2024: 59%) Dividend >30% (of EPS) 37%1 (2024: 36%) 1 The Board will propose to th
Slide 4: Sales performance Q4
Sales performance Q4 • Customers overall remained cautious with a strong focus • Denmark stood out with a noticeable decline in demand on costs. across both Industry and Infrastructure. • Demand situation stabilised towards year-end, with • Sales for comparable units declined by 2%, of which gradual
Slide 5: Industry business area
Industry business area Power Transmission Specialist • Sales declined somewhat during the quarter, with • Sales and EBITA margins declined for comparable EBITA margins maintained. units. • Increased demand in defence-related and steel • Cautious demand for systems and project sales, with industries,
Slide 6: Infrastructure business area
Infrastructure business area Flow Technology Technical Solutions • Sales and earnings for comparable units declined slightly. • Sales and EBITA margins for comparable units increased. • Strong sales trend in several Swedish operations, partly • Growth driven by strong product sales and good service
Slide 7: Earnings performance Q4
Earnings performance Q4 EBITA growth vs Q4 2024 +6% • EBITA increased 6% to SEK 74 m (70) with positive contributions from acquisitions, but at a lower level than in previous quarters. • Operating profit increased by 11% to SEK 59 m (53). – Increase in amortisation due to acquisitions. Earnings, SEK
Slide 8: Full-year 2025
Full-year 2025 • Revenue increased by 8% to SEK 3,097 m (2,873). • EBITA margin of 10.9% (11.2). • Operating profit amounted to SEK 279 m (273). • Net profit SEK 196 m (186). • EBITA increased by 5% to SEK 337 m (322). • Earnings per share SEK 3.80 (3.60). Revenue growth EBITA growth Jan-Sep SEK m 2
Slide 9: Profitability, cash flow and financial position
Profitability, cash flow and financial position • EBITA/WC 58% (59%) (R12). • Cash flow from financing activities SEK –66 m (–227) • Return on equity 25% (27%) (R12). • Operational net loan liability of SEK 344 m • Cash flow from operating activities for the reporting (252 at the beginning of the ye
Slide 10: Going forward
ait momentum” group Going forward
Slide 11: Focus gives result
Focus gives result Momentum Group 1.0 Momentum Group 2.0 2017 – First spin off 2021 – Second spin off 2022 – After spin off 2025 Revenue: SEK 5.4 bn Revenue: SEK 10 bn Revenue: SEK 1.5 bn Revenue: SEK 3.1 bn EBITA: SEK ~190 m EBITA: SEK ~800 m EBITA: SEK ~170 m EBITA: SEK ~340 m EBITA/WC: 21% EBITA/
Slide 12: How we create value as an active owner
How we create value as an Three fundamental requirements for our companies – for long-term profitable growth active owner Growth Earnings growth >15% • The foundation for long-term profitability. 1 • Easier to create opportunities for our loyal employees. • Offer our customers and business partners
Slide 13: Development of the offering and role in the value chain over time
Development of the offering and role in the value chain over time 1 2 3 Broadened offering to attractive Developed position in the value Broadened customer focus product verticals chain Aftermarket remains the core of the Verticals that provide long term growth Lager part of the value chain - from b
Slide 14: Our first 5-year target achieved ahead of plan
Our first 5-year target achieved Earnings growth ahead of plan Target: >15% Average annual growth rate: 18% EBITA doubling from ~SEK 170m to ~SEK 340m • Corresponds to 15% annual EBITA growth EBITA, SEK m 400 Achieved one year ahead of plan with 18% average annual growth rate 300 • Driven by organic
Slide 15: Our next five-year journey
Our next five-year journey Building further on a proven business model Organic development Expansion in value chain Geographic expansion and product verticals Continued improvements in Continued growth in the current companies. Structured and selective Nordics. steps where clear Focus on increasing
Slide 16: Contact us
Contact us Please email us at ir@momentum.group if you have any questions. Momentum Group momentum.group