Ferronordic Q4 revenue falls 10%

Ferronordic AB

12/02/2026 06:40

Overview

Sweden-based construction equipment dealer's Q4 revenue fell 10% yr/yr

Operating profit for Q4 increased significantly, driven by improved profitability

Company completed acquisition of Housby Heavy in Iowa, expanding US presence

Outlook

Ferronordic expects high infrastructure activity to support US demand

Company anticipates continued market recovery in Germany

Ferronordic sees opportunities to increase sales and profitability in Kazakhstan

Result Drivers

US MARKET GROWTH - Strong demand and a 16% growth in the GPE machine market in the US contributed to a strong quarter, with sales growing by 16% in USD

COST-SAVING MEASURES - Implemented cost-saving measures resulted in expected annual savings of SEK 16-17m, despite incurring one-off costs of SEK 17m

GERMANY MARGINS - Improved margins in Germany due to cost-saving measures and recovery signs, despite weak demand

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
SEK 1.21 bln
SEK 1.08 bln (1 Analyst)
Q4 Net Income
SEK 15 mln
Q4 Gross Margin
17.70%
Q4 EBIT
Beat
SEK 31 mln
SEK 25 mln (1 Analyst)
Q4 EBIT Margin
2.60%


Analyst Coverage

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 35 three months ago

Press Release: ID:nWkrCt9Dy

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)