Prevas AB (PREV_B) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's webcast with Prevas. With us presenting today, we have the CEO Magnus Vilén and CFO Helena Byrström. If you're calling in and would like to ask a question, please press star 9 to raise your hand and star 6 to unmute yourself when you get the word. You can also submit your questions using the form to the right. And with that said, please go ahead with your presentation. Thank you very much and welcome all to this presentation of the Q4 results for Prevas. This meeting today will follow this agenda. We will start with a short introduction. We will review Preva's financial performance. We will have a market update and finalize this meeting with a Q&A session. Okay, looking into Q4 of 2025, how did Prevas perform? We actually made a quite stable revenue performance. We had a negative organic growth of minus 1.7% and we had a positive growth due to acquisitions of 1.8%. So the net sales were slightly above last year for the quarter. Looking into the profits, we can see that Prevas has increased the profit from 32.6% last year up to 35.1 million SEK in 2025. This equals to an EBITDA margin of 8.1% compared to last year of 7.5%. And what is the underlying reasons for this improvement? One big part is that we for the fifth consecutive quarter improved the EBITDA in Finland from last year 0.1 million SEK up to 3.3 million SEK in 2025. This is one part of the reason for the improvement but also of course it's a result of all the actions that we take in Prevas in order to increase the efficiency. We have made numerous actions in 2025. What we also see in Q4 is that the operating cash flow continues to be strong in Prevas. We deliver a cash flow of 40.6 million SEK, which if you compare it to the EBITDA of 35.1 million SEK, really shows that we have ...