YEAR-END REPORT JULY 2025 – JUNE 2026 – HIGHER DIVIDEND REFLECTS CONFIDENCE IN THE FUTURE
The quarter was characterised by strong cash generation and structural measures. Duroc enters the new financial year with a clearer Group structure, improved underlying profitability in the Core Operations and a strong financial position. Duroc’s ambition is to grow net sales in the Core Operations by at least 20 percent annually through organic growth and acquisitions, while increasing profitability. Duroc’s long-term target is an operating margin of more than 10 percent in the Core Operations, a level that several of the companies already exceed today.
Fourth quarter April 2026 – June 2026
- Net sales decreased by 13 percent to MSEK 693.8 (800.5). Organic growth** was -8 percent.
- Adjusted EBIT* amounted to MSEK 28.0 (30.3), corresponding to an adjusted EBIT* margin of 4.0 percent (3.8).
- Operating profit (EBIT) amounted to MSEK -19.6 (26.8). Earnings were impacted by items affecting comparability of MSEK 39.9 related to the rebalancing of the Group.
- Earnings per share amounted to SEK -0.94 (0.12).
- Cash flow from operating activities amounted to MSEK 110.9 (64.9).
- Net debt excluding lease liabilities under IFRS 16 amounted to MSEK -60.1 (net cash) (61.8).
- As of the balance sheet date, the Group’s cash and cash equivalents amounted to MSEK 247.1 (121.4) and unutilised credit facilities amounted to MSEK 201.6 (200.6).
- Equity amounted to MSEK 1,042.4 (1,112.3) at the end of the period and the equity ratio amounted to 52 percent (58).
- Equity per share attributable to the Parent Company’s shareholders amounted to SEK 25.9 (27.5).
- During the quarter, Duroc received the pension surplus attributable to IFG’s UK operations and completed the wind down of the operating activities. The total capital released amounts to approximately MSEK 110, with proceeds from the sale of properties to be added. The released funds are intended to be used for acquisitions.
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July 2025 – June 2026
- Net sales decreased by 8 percent to MSEK 2,767.4 (3,013.8). Organic growth** was -3 percent.
- Adjusted EBIT* amounted to MSEK 27.8 (33.3), corresponding to an adjusted EBIT* margin of 1.0 percent (1.1).
- Operating profit (EBIT) amounted to MSEK -82.9 (32.1), impacted by items affecting comparability of MSEK 109.0 related to the restructuring of the Group.
- Earnings per share amounted to SEK -2.59 (-0.05).
- Cash flow from operating activities amounted to MSEK 138.3 (129.2).
- During the year, Duroc acquired five businesses with combined net sales of approximately MSEK 270 and a combined operating margin of approximately 10 percent. The acquisitions were completed at an average multiple of 4.9x.
- During the financial year, businesses with combined net sales of approximately MSEK 420 and operating profit of approximately MSEK -10 ceased to be part of the Group. In connection with this and other structural measures, approximately MSEK 300 in capital has been released.
- During the financial year, Duroc implemented an updated Group structure to clarify its strategic focus. The new structure comprises nine business groups across three business areas. For further information, see page 3.
- The Board of Directors proposes a dividend of SEK 0.40 per share, corresponding to a total of MSEK 15.6, an increase of 14 percent.
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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 August 21 2026 at 08.30 CET.
John Häger
CEO
+46-702 48 72 99
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