Sweden's FM Mattsson Q4 sales rise

FM Mattsson AB (publ)

20/02/2026 07:10

Overview

Swedish water tap maker's Q4 sales rose 6%, with organic growth at 9.8%

EBITA more than doubled, improving EBITA margin to 11.7%

Company starts efficiency program to save SEK 20-25 mln annually from Q3 2026

Outlook

FM Mattsson aims for annual savings of SEK 20-25 mln from Q3 2026

Company to reduce positions by up to 45 to cut costs

CEO sees positive signs of demand improvement from low levels

Result Drivers

PRODUCT AND SALES INITIATIVES - Investments in new products and local sales initiatives contributed to growth, per CEO

MARGIN IMPROVEMENTS - Improved product mix, cost awareness, and decreased inventory provisions boosted margins

EFFICIENCY PROGRAM - Co announced staffing reduction for cost efficiency, aiming for SEK 20-25 mln savings annually from Q3 2026

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 494.70 mln
Q4 EPS
SEK 1.04
Q4 EBITA
SEK 57.90 mln
Q4 EBITA Margin
11.70%
Q4 Organic Growth
9.80%


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for FM Mattsson AB (publ) is SEK75.00, about 0.5% above its February 19 closing price of SEK74.60

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nMFN9yfrhp

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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.)