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22 August, 2025
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YEAR-END REPORT JULY 2024 – JUNE 2025 POSITIVE DEVELOPMENT OVERALL– SIGNIFICANT LOSS IN DRAKE

On December 20, Duroc’s Board of Directors announced its intention to rebalance the portfolio toward industrial and trade units, thereby divesting the fiber companies Drake and IFG. The divestments are intended to take place in the medium term, and the process of finding buyers has begun. For Proforma figures excluding IFG and Drake, see page 3. A comprehensive cost reduction program has been implemented at Drake

Fourth quarter April 2025 – June 2025
  • Net sales decreased by 4 percent to MSEK 800.5 (834.8). Organic growth** was -12 percent.
  • EBITDA amounted to MSEK 51.1 (51.4). Excluding Drake: MSEK 56.7 (48.6).
  • EBIT amounted to MSEK 26.8 (28.0). Excluding Drake: MSEK 39.4 (33.6).
  • Adjusted EBIT* amounted to MSEK 30.3 (29.8), corresponding to an adjusted EBIT* margin of 3.8 percent (3.6). Excluding Drake: MSEK 42.8 (35.4), a margin of 6.4 percent (5.3).
  • Cash flow from operating activities amounted to MSEK 64.9 (84.2).
  • Earnings per share amounted to SEK -0.12 (0.50).
  • Cash and cash equivalents as of June 30, 2025 amounted to MSEK 121.4 (94.5), and net debt excl. lease liabilities for right-of-use assets amounted to MSEK 61.8 (5.1), an increase of MSEK 9.3 since March 31, 2025.
  • Equity at the end of the period amounted to MSEK 1,112.3 (1,156.5) and the equity ratio to 58 percent (63). Equity per share attributable to the parent company’s shareholders amounted to SEK 27.5 (29.1).
  • Given Duroc’s solid profitability and strong cash flow, the Board of Directors proposes a dividend of SEK 0.35 per share, corresponding to a total of SEK 13.7 million. This represents an increase of 17 percent compared with the financial year 2023/2024.
 July 2024 – June 2025
  • Net sales decreased by 3 percent to MSEK 3,013.8 (3,111.1). Organic growth** was -7 percent.
  • EBITDA decreased and amounted to MSEK 129.5 (143.4). Excluding Drake: MSEK 151.0 (118.7).
  • EBIT amounted to MSEK 32.1 (46.4). Excluding Drake: MSEK 84.8 (54.7).
  • Adjusted EBIT* amounted to MSEK 33.3 (46.1), corresponding to an adjusted EBIT* margin of 1.1 percent (1.5). Excluding Drake: MSEK 92.1 (56.3), a margin of 3.7 percent (2.3).
  • Cash flow from operating activities amounted to MSEK 129.2 (96.6).
  • Earnings per share amounted to SEK -0.05 (0.58).
  • Duroc has carried out a refinancing, whereby local credits, for which the parent company does not provide guarantees, have been established in IFG and Cresco. Duroc has therefore adjusted the Group-wide cash pool–linked credit facility to MSEK 150. As of June 30, 2025, the Group had unutilized credit facilities amounting to MSEK 200.6 (275.0). Rail has taken out a loan of MSEK 60 for the financing of machines and equipment for the new production facility in Luleå.
  • On January 2, 2025, 100 percent of the shares in Broddson AB (www.broddson.se) were acquired. The company has net sales of approximately MSEK 150 and EBIT of approximately MSEK 15. The purchase price consists of an initial consideration of MSEK 45 and a conditional, performance-based contingent consideration that will be settled three years after the transaction date. The acquisition was financed with own funds. See Note 3.

 

*Adjusted for items affecting comparability. A reconciliation of amounts can be found on page 23–26. ** Refers to growth adjusted for exchange rate fluctuations and structural changes such as the acquisition and disposal of companies

This disclosure contains information that DUROC is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 22th of august 2025 kl. 08.30.

John Häger
CEO
john.hager@durocgroup.com

Duroc acquires, develops, and manages companies with a focus on industry and trade. With deep expertise in technology and market dynamics, the group’s companies aim for a strong position in their respective sectors. As an owner, Duroc actively contributes to their development. Duroc is listed on Nasdaq Stockholm (ticker symbol DURC). www.duroc.se

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