Sweden's TagMaster Q4 sales rise 7.5%, EBITDA up 51%

TagMaster AB

05/02/2026 07:07

Corrects to operating profit from loss in Key Details table

Overview

Swedish sensor systems firm's Q4 net sales grew 7.5% yr/yr

Adjusted EBITDA for Q4 rose 51.3%, driven by efficiency program

Company's Q4 gross margin improved to 72.6% from 70.0%

Outlook

TagMaster cites global economic uncertainty affecting demand for its solutions

Company remains committed to strengthening position despite geopolitical uncertainties

Result Drivers

ACQUISITION IMPACT - Acquisition of Quercus Technologies and increased B2B sales contributed to revenue growth and profitability

PRODUCT MIX - Favorable product mix with high-margin software solutions improved gross margin

EFFICIENCY PROGRAM - Cost savings from a company-wide efficiency program boosted profitability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 143.70 mln
Q4 Adjusted EBITDA
SEK 40.78 mln
Q4 Gross Margin
72.60%
Q4 Basic EPS
SEK 1.05
Q4 Cash Flow From Operating Activities
SEK 15.80 mln
Q4 Operating Profit
SEK 22.40 mln


Analyst Coverage

Wall Street's median 12-month price target for TagMaster AB is SEK25.00, about 35.9% above its February 4 closing price of SEK18.40

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nMFN4WN3Cl

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (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.)