Sdiptech AB (publ) (SDIP_B) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everybody. Welcome to StipTech's presentation for the fourth quarter. I'm Anders Mattsson, CEO of StipTech, and I will be presenting here today together with our CFO, Bengt Leistrom. A short intro to StipTech for any new listener on the call today. StipTech acquired, developed, and created a long-term home for niche companies within attractive infrastructure. Today we consist of 31 companies in the group and we operate in a decentralized structure and each company is responsible for the day-to-day operations. We divide the group into four business areas and each business area has a clear structural underlying growth trend that we see for the future. For the full year 2025, Stiptik as a group has 4.5 billion SEK in revenues and 968 million SEK in adjusted EBITDA and an adjusted EBITDA margin of 21.5%. And these are numbers for our core operation, excluding companies that are currently being divested. To start with, I would like to give you some highlights to the quarter. On a strategic level, we have made clear progress during the quarter with our divestments. Today, we have signed eight out of the 11 companies for completion. A short and long-term target for return on capital employed is being implemented for each business unit. And we have done one acquisition in the quarter, which ties nicely into our growing cold chain cluster. Financially, we're satisfied with a strong organic sales growth of quarter, showing a good demand for our products and services in the market. I also would like to highlight the strong cash conversion of 134% in the quarter, primarily coming from reduction in working capital levels. Supply chain and transportation had a challenging quarter, but outlook looks strong. Priorities going forward, many of our companies have a strong return...