Q4 2025 ABG Sundal Collier Holding ASA Earnings Call Transcript
Key Points
- ABG Sundal Collier Holding ASA (ABGSF) reported a 15% revenue growth in Q4, reaching NOK720 million, driven by strong M&A operations.
- The company achieved record high revenues in its M&A operations for 2025, with a 44% increase year-on-year.
- Debt capital markets operations showed continued strength, with ABG Sundal Collier Holding ASA (ABGSF) becoming the number one player in DCM high-yield in Sweden for 2025.
- The acquisition of FIH Partners in Denmark is expected to significantly strengthen ABG Sundal Collier Holding ASA (ABGSF)'s position in the Danish market.
- The company maintained a stable headcount while focusing on growth in front staff, aligning with its strategy to improve revenue per head by at least 20% versus 2024.
- Equity capital markets volumes were down both in the quarter and full year, excluding large one-off transactions.
- Operating costs increased by 10% to NOK1.681 billion, driven by increased activity levels and investments in new ventures.
- The operating margin, although improved to 23%, was negatively impacted by 3-percentage-points due to costs associated with new business initiatives.
- Corporate Financing operations saw a 7% decline in revenues compared to 2024.
- The M&A market remained stable or muted, with a 5% decline in transaction volumes in the quarter year-on-year.
Okay. Good morning, all, and a warm welcome to ABG Sundal Collier's Q4 results presentation. Before we kick off the presentation, I would like to mention that we will, as usually have a Q&A session after the presentation and should you want to raise a question, please use the Q&A function in Teams, and we will answer all your questions in turn.
We ended the year on a high, and we are entering 2026 from a position of strength. We have continued to build momentum during the year, and we have proven our ability to deliver with market conditions in 2025 sometimes being helpful and sometimes being anything but helpful.
We have continued to focus on what we can influence, namely, how we advise our clients, how we execute on our advice and our own growth strategy and how we resolve situations that arise either because of market conditions or client-specific circumstances.
And we have continued to focus on ensuring our own profitability, also short term, enabling us to make long-term investments to take investment costs
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
