Nederman: Nederman increases sales but reduces profit - order intake increased in three of four divisions

Environmental technology company Nederman reports increased sales in the first quarter compared with the same period last year. However, operating profit decreased. Sales rose 0.6 percent to SEK 1,406 million (1,397). Adjusted ebita profit amounted to SEK 142.5 million (174.0). Operating profit amounted to SEK 109.2 million (146.6), with an operating margin of 7.8 percent (10.5). Profit after tax was SEK 59.2 million (90.2) and earnings per share amounted to SEK 1.69 (2.57). Order intake amounted to SEK 1,501 million (1,519), a decrease of 1.2 percent compared to the previous year. Cash flow from operating activities amounted to SEK 15.3 million (95.1). "In an increasing market uncertainty, we continue to advance our positions. In the first quarter, we report a good order intake in three of four divisions, new investments in operational efficiency, increased presence in structurally growing industries and a new smaller but strategically important acquisition," writes CEO Sven Kristensson in the report. At the same time, Kristensson highlights risks related to willingness to invest and increased protectionism in the uncertain macro environment. Despite this, the company considers its long-term prospects to remain good, with a strong order book and investments in product development. "However, Nederman is in a strong position, not least in terms of a good order book, investments in product development and the ability to increase its presence in structurally growing industries. In addition, the current situation gives us increased opportunities to strengthen market shares. Despite uncertainty about developments over the next few quarters, we are convinced of continued good long-term prospects for our industry, and for us as the market leader," he concludes his statement. Nederman, SEKm Q1-2025 Q1-2024 Change in Order intake 1 501 1 519 -1,2% Net turnover 1 406 1 397 0,6% Adjusted ebita 142,5 174,0 -18,1% Adjusted ebita margin 10,1% 12,5% Operating profit/loss 109,2 146,6 -25,5% Operating margin 7,8% 10,5% Net profit/loss 59,2 90,2 -34,4% Earnings per share, SEK 1,69 2,57 -34,2% Cash flow from operating activities 15,3 95,1 -83,9%