Sweden's Profoto Q4 sales fall due to challenging market; scraps 2025 dividend

Profoto Holding AB (publ)

11/02/2026 07:11

Overview

Sweden-based lighting equipment firm's Q4 net sales fell 18.6% yr/yr

Adjusted EBIT margin for Q4 decreased significantly compared to last year

Company updates financial targets to focus on LED growth

Outlook

Profoto updates financial targets to organic sales growth exceeding 5%, and 20% EBIT margin

Company proposes no dividend for 2025 due to uncertain macroeconomic conditions

Profoto focuses on LED segment as primary growth driver

Result Drivers

MARKET CONDITIONS - Challenging market conditions and aggressive pricing by competitors led to a decline in sales

COST SAVINGS - Cost-saving program improved cash flow and stabilized EBIT despite lower sales

LED STRATEGY - Strategic shift towards LED products expected to drive future growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
SEK 163 mln
SEK 177.30 mln (1 Analyst)
Q4 EPS
SEK 0.18
Q4 Net Income
SEK 7 mln
Q4 Adjusted EBIT
SEK 16 mln
Q4 Adjusted EBIT Margin
9.80%
Q4 EBITDA
SEK 33 mln


Analyst Coverage

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

The average consensus recommendation for the household electronics peer group is "buy"

Wall Street's median 12-month price target for Profoto Holding AB (publ) is SEK30.00, about 206.7% above its February 10 closing price of SEK9.78

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nMFN8hXxcb

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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.)