Lifco Ab

LIFCO B

Equity

ISIN SE0015949201 / Valor 111355378

NASDAQ Nordic Exchange Stockholm, Equities (2025-04-08)

SEK 326.60+2.06%

Lifco Ab
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About company

Lifco Ab is a company that provides a secure environment for small and medium-sized businesses. The company's main business concept is to acquire and enhance market-leading niche businesses that have the potential for sustainable earnings growth and strong cash flows. Lifco operates with a long-term perspective on its holdings, prioritizing profitability and maintaining a decentralized organizational structure. The company has three main business areas: Dental, Demolition & Tools, and Systems Solutions, with a presence in 31 countries through its 233 operating companies. In 2023, Lifco reported an EBITA margin of 23.2% on net sales of SEK 24.4 billion.

Summarized from source with an LLMView SourceSector: Healthcare

Net Sales Growth

In the first nine months of 2024, Lifco Ab reported a 5.5% increase in net sales, reaching SEK 19,013 million compared to SEK 18,015 million in the same period of the previous year. This growth was primarily driven by acquisitions, although organic net sales saw a decline of 2.0% due to a weak market situation in certain segments.

EBITA Performance

Lifco Ab's EBITA for the January to September 2024 period increased by 2.7% to SEK 4,284 million from SEK 4,172 million in the previous year. Despite this increase, the EBITA margin experienced a slight decline to 22.5% from 23.2%, influenced by weaker earnings in specific business areas.

Profit and Earnings

For the first nine months of 2024, Lifco Ab's profit before tax decreased by 1.9% to SEK 3,194 million, while net profit for the period also declined by 1.9% to SEK 2,372 million. Earnings per share fell by 1.7% to SEK 5.14, primarily due to increased interest expenses.

Third Quarter Highlights

In the third quarter of 2024, Lifco Ab achieved a 7.4% increase in net sales, amounting to SEK 6,282 million. This growth was supported by acquisitions and a 1.9% organic sales increase. However, the EBITA margin for the quarter decreased to 22.3% from 23.2% in the previous year.

Cash Flow and Financial Position

During the January to September 2024 period, Lifco Ab's cash flow from operating activities decreased by 0.9% to SEK 2,931 million. The company maintained a strong financial position, with interest-bearing net debt amounting to 1.2 times EBITDA, providing significant scope for future acquisitions.

Summarized from source with an LLMView Source

Key figures

15.8%1Y

41.2%3Y

331%5Y

Performance

26.4%1Y

29.2%3Y

31.7%5Y

Volatility