Embellence Group Interim report Q4 2025

"Embellence Group’s currency adjusted organic growth amounted to 1 percent in the quarter, despite a tough comparison period with one-off effects in Artscape. The strong Swedish krona, particularly against the USD and GBP, is negatively affecting sales and earnings.

Embellence Group ended the year with stable results, strengthened gross margin, and clear progress within our strategic initiatives – direct to consumer sales, international expansion, and hospitality – giving us strong confidence as we take the next step on our growth journey.

A strengthened net result, positive cash flow, and a solid financial position led the Board to propose an increased dividend of SEK 1.50 (1.25)"

Johan Andgren, CEO Embellence Group

Fourth quarter 2025

• Net sales amounted to MSEK 195 (202), down 3%. Organic growth amounted to 1% and exchange rate effects had an impact of –4%.
• The gross margin amounted to 61.8% (60.7).
• Operating profit (EBITA) amounted to MSEK 26 (28).
• The EBITA margin amounted to 13.2% (13.9).
• Net profit for the period amounted to MSEK 17 (12) and earnings per share before and after dilution to SEK 0.72 (0.52).
• Operating cash flow amounted to MSEK 42 (38).
• The Board of Directors proposes a dividend of SEK 1.50  per share (1.25) to the Annual General Meeting

Significant events during the quarter

• No significant events to report.

Significant events after the end of the quarter

• A new Managing Director for Cole & Son has been appointed.