HMS Networks AB (publ) (HMS) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the HMS Network's Q4 presentation for 2025. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to CEO Staffan Dahlstrom and CFO Joachim Niedborn. Please go ahead. Thank you. Good morning, everybody. We are sending here from a beautiful winter Stockholm with snow on the streets. It's a fantastic day. And we also have some good news to present. Quarter four report. Myself, Staffan Dahlström will start and Joakim will take the following sessions about financial summary. And then we end up with the Q&A. So just a quick highlight, quarter four, we are quite happy to see a very good development on net sales, organic growth, 23%. That's good, we think. On the order intake, we see organic growth, but we see also that the market is still a little bit soft, a bit hesitant. We're happy to get 3% growth, but we're also waiting for the pickup that we've been talking about, and we hope that it will come 2026 instead. very good development on all our profits depending with which line you look at it's either 50 or 100 percent up so it's we really see a good development good gross margin good profits and this lands in a adjusted margin of 28 slightly higher than our target in combination with a good cash flow and we're very happy to see this and this Joakim will talk more about our net depth and things like that but this really plays out with a good adjusted ETS of 4.17 so we closed 2025 as a quite good year net sales we are growing after uh quite a lot of years of inventory reductions and things like that we are back in good shape again we see the order intake has been growing organically by 10 so the market is not great but it's not that bad either compared...