Humble Group AB (publ) (HUMBLE) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Humble Group's presentation for the fourth quarter of 2025. My name is Noel Abdayim, and I'm the acting CEO of Humble Group. With me today, I have our Group CFO, Johan Lennarsson. Good morning, everyone. To everyone calling in, welcome, and thank you for taking the time to be with us today. We will now go ahead and present the results for the fourth quarter. There will be a Q&A at the end of this presentation. So let's walk through the quarter. Our organic sales growth came in at 6%, with revenue exceeding 2.1 billion SEK. Our gross profit was in line with last year, And the quarter also marked an important shift for us as a group, where we have accelerated our transformation efforts with clear priorities to build a more performance-driven Humboldt with stronger operational discipline. The growth during the quarter was mainly driven by our segment's future snacking and quality nutrition, where our brands are growing well, as well as our production business within the sport nutrition sector. We saw smaller growth within our Nordic distribution segment and faced a small negative growth within our sustainable care segment, mainly driven by a volatile market in the UK and Germany. In general, our diversified structure and strong local teams continue to deliver a healthy organic growth on a group level, but there's always more that can be done moving ahead. Cash flow remains to be a key priority for us and we delivered a strong cash generation during the quarter with the continued focus to optimize inventory levels. Also, I'm very happy to report that our net debt continues down closer to our financial targets. U1 will now dig into the numbers. Thank you, Noel. And looking at the top line, we are, of course, pleased to see that we co...