Alligo AB (FRA:1MH)
€ 11.96 +0.46 (+4%) Market Cap: 584.75 Mil Enterprise Value: 858.92 Mil PE Ratio: 22.58 PB Ratio: 1.68 GF Score: 78/100

Q1 2025 Alligo AB Earnings Call Transcript

Apr 25, 2025 / 09:00 AM GMT
Release Date Price: €10.94 (+1.30%)

Key Points

Positve
  • Alligo AB (FRA:1MH) reported a 2.9% revenue increase in Q1 2025, driven by a 7.8% growth from acquisitions.
  • The company successfully launched the Recare initiative, which has already signed 510 contracts and is expected to expand to Norway and Finland in the second half of 2025.
  • Cost reduction programs are in place, aiming to reduce the cost base by approximately 100 million SEK, with significant impacts expected by mid-year.
  • The oil and gas sector in Norway continues to perform strongly, contributing positively to the company's results.
  • Alligo AB (FRA:1MH) maintains a solid financial position with leverage within the financial target range, despite increased net debt due to acquisitions.
Negative
  • The company experienced a negative organic growth of 2.5% in Q1 2025, with Sweden showing the weakest performance.
  • Gross margin decreased slightly due to a negative country mix and a higher share of acquisitions with lower gross margins.
  • The Finnish tools business continues to struggle with profitability, impacting the overall group margin target.
  • Operating cash flow was lower than last year, affected by inventory buildup and invoicing challenges in Norway.
  • The market in Sweden remains weak, with a 7% decline in organic growth, primarily affecting larger industrial customers.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ALLIGOb.ST - Alligo AB
Q1 2025 Alligo AB Earnings Call
Apr 25, 2025 / 09:00AM GMT

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Presentation
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Unidentified_1 [1]
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Welcome to Aligo 1 report 2025.

The presenters as always will be, Erevi Simon Balander, our CFO, and myself.

And as usually, we will focus on the highlights. It's a report busy today and yesterday, so we'll keep the speed up and focus on the relevant things. This time we will bring up, we normally take up a couple of themes and this time it will be, one growth area which is recare, which is being launched right now, and then we'll touch upon the turnaround project in Finland.

So this is illegal.

9.4 billion turnover, 2,500 employees and 243 stores. The number of stores that Increased quite a bit thanks to the acquisition of the battery logger that added 27 new stores to our group. As Sweden have in turnover, even
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