Prevas publishes Interim Report for the second quarter of 2025

Prevas increased its turnover during the second quarter by just over 3 percent to SEK 408.8 million and delivered an EBITA of SEK 20.7 million, corresponding to an EBITA margin of 5.1 percent. Cash flow was strong, amounting to SEK 49.6 million. Profit/loss was affected by a lower utilization rate, restructuring costs of approximately SEK 6 million and a negative calendar effect corresponding to approximately SEK 5 million. Adjusted for calendar effect and restructuring costs EBITA amounted to SEK 31.7 million (7.7%). Profit per share after dilution was SEK 0.73.

Magnus Welén, CEO

To read the word from the CEO in full, see interim report page 4-5. pdf, 3.2 MB.

Quarter April–June 2025

• Net turnover amounted to SEK 408.8 million (395.6), an increase of SEK 13.2 million and 3.3 percent.
• The operating profit EBITA amounted to SEK 20.7 million (36.2), giving an EBITA margin of 5.1 percent (9.2).
• The operating profit was negatively affected by a calendar effect of SEK 5 million, as the quarter was one working day shorter compared to previous year, as well as restructuring costs amounting to approximately SEK 6 million for optimizing the workforce in regions and areas with lower demand.
• The operating profit EBITA adjusted for restructuring costs and calendar effect amounted to SEK 31.7 million and an EBITA margin of 7.7 percent.
• EBIT amounted to SEK 16.6 million (31.8), giving an EBIT margin of 4.1 percent (8.0). EBIT was negatively affected by acquisition-related items by SEK 4.0 million (4.3).
• Profit after tax amounted to SEK 9.7 million (26.0).
• Profit per share before dilution was SEK 0.73 (2.02) and after dilution was SEK 0.73 (2.01).
• The cash flow from operating activities amounted to SEK 49.6 million (63.1).

Period January–June 2025

• Net turnover amounted to SEK 839.5 million (802.7), an increase of SEK 36.8 million and 4.6 percent.
• The operating profit EBITA amounted to SEK 56.3 million (89.8), resulting in an EBITA margin of 6.7 percent (11.2).
• The operating profit was negatively affected by a calendar effect of SEK 10 million, as the period was two working day shorter compared to previous year, as well as restructuring costs amounting to approximately SEK 7 million for optimizing the workforce in regions and areas with lower demand.
• The operating profit EBITA adjusted for restructuring costs and calendar effect amounted to SEK 72.3 million and an adjusted EBITA margin of 8.5 percent.
• EBIT amounted to SEK 48.6 million (76.0), giving an EBIT margin of 5.8 percent (9.5). EBIT was negatively affected by acquisition-related items by SEK 7.5 million (13.5).
• Profit after tax amounted to SEK 32.8 million (59.3).
• Profit per share before dilution was SEK 2.48 (4.58) and after dilution was SEK 2.48 (4.56).
• The cash flow from operating activities amounted to SEK 81.8 million (90.2).

Significant events during and after the period

• Prevas is strengthening its role as a technical specialist in the fields of defense and cybersecurity through membership of SOFF – an important platform for collaboration regarding innovation, robustness and societal security.
  
  
• Prevas has on July 1 completed the acquisition of 80 percent of the shares in OIM Sweden AB following regulatory approval. The acquisition is strengthening the company’s presence in the Öresund region and adding cutting-edge expertise in advanced product development, especially within Medtech and Cleantech. The acquisition of 80 percent of OIM Sweden AB is expected to have a marginally positive impact on Prevas’ profit per share during the current financial year. Please refer to the website www.prevas.se for more information.
  
  
• Prevas and Hexagon have entered into a strategic partnership to accelerate digitalization within Asset Management in the Nordic region. The collaboration includes deliveries of HxGN EAM and HxGN APM in Sweden, Norway, Denmark and Finland, with the aim of creating increased customer value through data-driven asset management.
  
  
• Green Cargo has entered into an agreement with Prevas regarding the introduction of HxGN EAM in its operations. The solution is contributing to increased efficiency and reliability in Sweden’s leading rail logistics company.
  
  
• Nscale, a fast-growing player in AI-adapted data centers, has selected Prevas for the implementation of HxGN EAM. The project provides Nscale with greater control over its assets at the facility in Glomfjord, Norway, and is strengthening the company’s operational capacity.
  
• Prevas’ 2025 Annual General Meeting was held on May 14, 2025. The Annual General Meeting resolved in accordance with all proposals presented by the Board of Directors and the Nomination Committee. For more information, see www.prevas.se/arsstamman.

Presentation of Prevas’ interim report for the second quarter of 2025

Thursday, July 17 at 09:30 press and analyst presentation will be held which can be followed via webcast (https://www.finwire.tv/webcast/prevas/q2-2025/) and through tele conference (call +46 8 5016 3827 then use Meeting ID: 844 5606 2267).

The presentation is conducted in English by Magnus Welén (CEO) and Helena Burström (CFO) from Prevas AB. No pre-registration is required.

This information is information that Prevas AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 2025-07-17 08:30 CEST.

This interim report has been prepared in Swedish and translated into English. In the event of any discrepancies between the Swedish original and the translation, the Swedish shall have precedence.