Swedencare AB (publ) (SECARE) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the presentation of SwedenCare's year-end reports, led by our CEO, Håkan Lagerberg, and CFO, Jenny Graflind. And we are pleased to have North America's CCO, Brian Nugent, joining us with a presentation during today's webinar. And as usual, we will have a Q&A after the presentation, so please raise your hand if you have any questions. Over to you, Jenny and Håkan. Thank you very much, Emma. Håkan Lagerberg here, and Jenny in a snowy Malmö. Yes, Q4 2025, a disappointing end of the year when it comes to profitability, and I'm very displeased with myself for not being able to predict this. There were lots of uncertainties coming in at the very end, but I apologize, and we are doing everything we can to improve our internal processes and forecasting. Double-digit growth, happy with that, 11%, but of course I expect it a bit higher also when it comes to the organic growth, but overall we're happy as long as it's double-digit. The lower profitability mainly caused by one-off, but of course we have gone through everything in detail and lots of follow-ups and action plans with the group companies that under-delivered. Lots of focus on profitability going into 2026, and we should never have a quarter like this going forward. We have also made some organizational improvements end of last year and beginning of this year, and I will be happy to present those later on in coming quarterly reports. We presented our new long-term financial targets. I will come back to that later in the presentation. The board has proposed a dividend of 0.28 SEC per share, an increase compared to last year, and we will also come back to that with the financial targets. But, summarizing the end of the quarter when it comes to sales, of course, not all gloom. We're very happy that NatureVet r...