Fasadgruppen Group AB (publ) (FG) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to this presentation of Fasalgruppen's year-end result. In the room we have our CEO Martin Jakobsson, our CFO Kasper Tam and myself Magnus Blomberg. With that being said I hand over the work to Martin, please go ahead. Thank you, Magnus. Good morning also from me, and welcome to this year-end presentation. I will also, of course, address the announced rights issue this morning. But first, I would like to highlight 2025 has been a transformative year for us. I would like to describe it as a year of deleveraging profitability measures taken. I would say that we've navigated a complex macroeconomic environment by focusing on what we can control, which is at the end of the day, cash flow margins and capital structure. And today we are laying out the roadmap for how Fasal Group will lead the market recovery for 2026 and beyond. With that said, I'd like to dive into the presentation. So first of all, the highlights, looking at the fourth quarter, I would say that the headline here is resilience delivered a 5.1% organic growth, which I would say is a testament to the underlying demand for our services, despite the broader construction slowdown, which has been ongoing for some time now. On an adjusted EBITDA level, excluding the divested Alnova business, we came in at around 110 million, yielding this more than 7.6%. would say that this is more showing the true earnings power of our core business today but even including alnova the margin improved year over year up to seven percent compared to six point four percent a year ago the operating cash flow stood out here at a record 240 million and this meant also that we brought leverage down to 3.25 in q4 before any issue that is which is then these 3.25 are down from 3.76 in q3 for those of you...