Sdiptech AB (publ) (SDIP_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everybody, and welcome to Stiptik's presentation for the first quarter. I'm Anders Mattsson, CEO of Stiptik, and I will be presenting here together with our CFO, Bengt Lægström, today. A short intro to the group, as usual. Stiptik acquired, developed, and created a long-term home for niche companies within attractive infrastructure segments. Today, we consist of 32 companies in the group and we operate in a decentralized structure and each company is responsible for the day-to-day operation. But from last year, we've also added more guidance and support in what we would like to prioritize strategically from the group level. We divide the group into four business areas. Each segment has a clear and structured underlying growth trends for the future. On a rolling 12, Stiftek as a group has 4.5 billion SEK in revenues, 964 million SEK in adjusted EBITDA, and an adjusted EBITDA margin of 21.3%. And these are the numbers for the core operation, excluding the companies that are being divested. A short interview. To start with, I would like to give you some highlights to the quarter as well. On a strategic level, we have had a good progress. We've been able to divest nine companies in the quarter, and now we have only one more to go. This one is targeted to be done during quarter two. Thanks to a good cash flow position, we decided to repurchase our preference share in the quarter for a total value of 184 million. Financially, we are satisfied with a stable organic sales growth of 7% and an organic profit growth of 4% in the quarter, showing a good demand for our products and services. We still experience a strong currency headwinds of minus 7%. Both in energy and electrification and in safety and security, the demands have been strong with plus 15% sales growth, exc...