Elanders AB: Quarterly Report January – September 2025

Core Insights - Elanders reported a decline in net sales for the third quarter of 2025, amounting to MSEK 2,872, which is a 4% organic reduction compared to the same period last year [4] - The company implemented structural measures to address a weaker market, resulting in one-off costs of MSEK -80, but is expected to achieve annual cost savings of approximately MSEK 232 [4] - The adjusted EBITA for the third quarter was MSEK 210, reflecting an adjusted EBITA margin of 7.3%, an improvement from the previous year's margin of 6.6% [4] Financial Performance - Total net sales for the first nine months of 2025 were MSEK 9,148, down from MSEK 10,369, indicating a 3% organic decline [4] - Adjusted EBITA for the first nine months was MSEK 510, with a margin of 5.6%, compared to 6.1% in the previous year [4] - The adjusted result after tax for the first nine months was MSEK 38, translating to SEK 0.98 per share, down from SEK 3.20 per share [4] Cash Flow and Debt Management - Operating cash flow adjusted for acquisitions was MSEK 1,323, slightly down from MSEK 1,436 [4] - Free cash flow per share for the first nine months was SEK 24.11, compared to SEK 25.10 in the previous year [4] - Net debt decreased by MSEK 907 to MSEK 8,205 since the beginning of the year, with a notable reduction of MSEK 218 when excluding IFRS 16 effects [4] Strategic Developments - The company extended its credit agreement, ensuring financing for operations until the third quarter of 2028, which is a significant step towards enhancing financial stability and supporting long-term growth [4]