Wästbygg Group’s Year-end report for 2025

Wästbygg Gruppen AB (publ) presents its Year-end report for 2025.

“Given the prevailing market conditions, we took a series of concrete and comprehensive measures over the past year to reverse the trend and restore profitability. The company reported a positive underlying operating profit of SEK 55 million according to segment reporting for the year. At the same time, order intake for 2025 was SEK 3,229 million, which represents an increase of just over 50 percent compared to the previous year. Overall, we see a positive trend in business opportunities ahead“, says Patrik Mellgren, CEO Wästbygg Group.

KEY RATIOS ACCORDING TO SEGMENT REPORTING:
1 January – 31 December 2025

• Revenue SEK 3,999 million (4,348)
• Operating profit SEK -283 million (-333)
• Profit after tax SEK -583 million (-316)
• Earnings per share SEK -12.33 (-9.77)
• Cash flow from operating activities SEK 18 million (107)
• Interest-bearing net cash (+) /net debt (-) SEK -97 million (-438)
• Equity ratio 27% (31)
• Order intake SEK 3,229 million (2,085)
• Order backlog 31 December SEK 3,124 million (3,790)
• The Board of Directors propose that the Annual General Meeting 2026 votes for no dividend to be paid (0.0)

1 October – 31 December 2025

• Revenue SEK 906 million (1,046)
• Operating profit SEK -135 million (-207)
• Profit after tax SEK -141 million (-202)
• Earnings per share SEK -2.71 (-6.24)
• Cash flow from operating activities SEK -31 million (-276)
• Interest-bearing net cash (+) /net debt (-) SEK -97 million (-438)
• Equity ratio 27% (31)
• Order intake SEK 181 million (453)

KEY RATIOS ACCORDING TO IFRS:
1 January – 31 December 2025

• Revenue SEK 4,023 million (4,989)
• Operating profit SEK -468 million (-216)
• Profit after tax SEK -560 million (-213)
• Earnings per share SEK -11.83 (-6.56)
• Cash flow from operating activities SEK 73 million (88)
• Interest-bearing net cash (+) /net debt (-) SEK -97 million (-526)
• Equity ratio 27% (30)

1 October – 31 December 2025

• Revenue SEK 950 million (1,589)
• Operating profit SEK -142 million (-122)
• Profit after tax SEK -142 million (-113)
• Earnings per share SEK -2.74 (-3.50)
• Cash flow from operating activities SEK 25 million (-354)
• Interest-bearing net cash (+) /
• net debt (-) SEK -97 million (-526)
• Equity ratio 27% (30)

Comparative figures in parentheses refer to profit items corresponding to the period 2024 and for balance sheet items corresponding to the balance sheet date 2024.

SIGNIFICANT EVENTS IN THE FOURTH QUARTER

• The Wästbygg Group’s CFO, Niklas Danielsson, announced that he will leave his position at the end of February 2026. Maria Andersson has been appointed as the new CFO and member of the Group Management Team as of 1 January 2026. She has been recruited internally after having been Financial Manager of the Group company Logistic Contractor since 2022. At the same time, two other new members of the Group Management Team have been appointed as of 1 January 2026: Jenny-Ann Löfgren, Chief People & Culture Officer, and Minna Skyman, Chief of Staff. Both come from other roles in the Wästbygg Group.
• Following a dispute between the Group company Logistic Contractor and a former client regarding delays, alterations and additions in a completed construction project, the arbitration tribunal has issued its ruling. The outcome mainly went against the company and, as a result of the ruling, the Wästbygg Group’s profit for the fourth quarter was affected by a non-recurring item of approximately SEK 60 million.

For more information, please contact:

Patrik Mellgren, CEO
Phone: +46 72 856 22 00, email: patrik.mellgren@wbgr.se

Maria Andersson, CFO
Phone +46 70 928 52 42, email maria.andersson@wbgr.se

wbgr.se

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About Wästbygg Group:

Wästbygg Group is a listed construction and development company, specialized in properties within logistics, industry, residential, commercial and community service. We are an experienced and long-term partner – built on trust.

The group comprises Logistic Contractor AB, Wästbygg AB and Rekab Entreprenad AB. The operations are conducted in the most expansive markets in Sweden and within Logistic Contractor also in the neighbouring Nordic countries. In 2025, the group had sales of SEK 4.0 billion and 350 employees.