NIMBUS GROUP – FIRST QUARTER REPORT 2025
Nimbus Group AB (publ) decreased its sales by 13 percent to MSEK 300 (344) during the first quarter of 2025. EBITA amounted to MSEK -13 (-14) and the EBITA margin to – 4.2 percent (-4.0)). Sales within Business Area Commercial Sales decreased from MSEK 295 Mkr to MSEK 244 Mkr which is explained by increased economic uncertainty while Business Area Retail Sales increased its sales to MSEK 56 (49) following increased sales in the Nordic region. “When the year began there were signs of a brightening but increased global uncertainty about economic developments has led to a return to a more wait-and-see attitude among customers. Nimbus Group is implementing measures to manage a more uncertain environment, including the risks of increased tariffs”, says Jan-Erik Lindström, CEO of Nimbus Group.
| FIRST QUARTER JANUARY - MARCH 2025 | LAST 12 MONTHS |
| Net sales for the first quarter decreased 13 percent to MSEK 300 (344) Commercial Sales decreased to MSEK 244 (295) and Retail Sales increased to MSEK 56 (49) | Net sales totaled MSEK 1,576 down 19 percent year-on-year (1,938) Commercial Sales amounted to MSEK 1,031 (1,404) and Retail Sales MSEK 545 (534) |
| Organic growth totaled -13 percent EBITA amounted to MSEK -13 (-14) | Organic growth totaled -19 percent EBITA amounted to MSEK -59 (79). EBITA includes restructuring cost of MSEK -55. |
| The EBITA margin amounted to -4.2 percent (-4.0) | The EBITA margin was -3.7 percent (4.1) |
| Operating cash flow amounted to MSEK -127 (-90) | Operating cash flow amounted to MSEK -144 (-139) |
| The order book totaled MSEK 624 (789) of which Commercial sales MSEK 470 (655) and Retail sales MSEK 154 (124) | Earnings per share amounted to SEK -2.93 (1.82) |
| First quarter | Last 12 months | Helår | |||||
| 2025 | 2024 | % | 2025 | 2024 | % | 2024 | |
| Net sales, MSEK | 300.3 | 343.7 | -13 | 1,575.9 | 1,937.9 | -19 | 1,618.7 |
| Operating result, MSEK | -12.8 | -13.9 | -7.7 | -59.4 | 77.6 | -177 | -60.7 |
| EBITA, MSEK | -12.7 | -13.7 | -7.8 | -58.8 | 78.2 | -175 | -60.1 |
| EBITA margin, % | -4.2 % | -4.0 % | -0.2 pe | -3.7 % | 4.0% | -7.8 pe | -3.7 % |
| Result for the period, MSEK | -38.5 | -7.0 | 449 | -93.0 | 38.7 | -340 | -61.4 |
| Operating cash flow, MSEK | -126.9 | -90.3 | 41 | -143.9 | -121,8 | 18 | -107.3 |
| Earnings per share | -0.91 | -0.33 | -74 | -2.93 | 1.82 | 61 | -2.88 |
Link to the report: https://nimbusgroup.se/en/reports-and-presentations/
Analyst conference call: A webcast telephone conference will be held today at 10:00 a.m. during which President and CEO Jan-Erik Lindström will present the report together with CFO Rasmus Alvemyr. The presentation will be followed by a Q&A session. The presentation will be held in English. Anyone wishing to take part in the telephone conference, please register using the following web link:
After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
The presentation and conference can also be followed and listened to via the following link: