Bravida Holding AB (LTS:0RBW)
kr 131.65 +1.55 (+1.19%) Market Cap: 26.79 Bil Enterprise Value: 27.50 Bil PE Ratio: 19.38 PB Ratio: 2.98 GF Score: 86/100

Q2 2025 Bravida Holding AB Earnings Call Transcript

Jul 11, 2025 / 07:30AM GMT
Release Date Price: kr94 (-2.29%)

Key Points

Positve
  • Bravida Holding AB (FRA:BV0) reported an improved EBITA margin of 5.4%, up from 4.5% despite a tough market environment.
  • The company achieved a 9% increase in order intake, with a significant contribution from Denmark.
  • Bravida Holding AB has reduced CO2 emissions by 15% over the last 12 months, aligning with its sustainability goals.
  • The company has a strong presence in the Nordics with 350 branches, providing a stable business model.
  • The order backlog increased by SEK1.3 billion, indicating a strong pipeline of future projects.
Negative
  • Net sales declined by 9%, reflecting a challenging market environment.
  • Cash flow conversion was negatively impacted, with an 80% cash conversion rate.
  • The Finnish market remains particularly challenging, with ongoing struggles in improving margins.
  • Currency effects negatively impacted sales, particularly in Denmark.
  • The company is facing difficulties in finding suitable acquisition targets due to market conditions.
Mattias Johansson
Bravida Holding AB - Group President, Chief Executive Officer

Good morning, everyone, and welcome to this presentation of our Q2 report 2025. I will start with some highlights or overall general numbers for Bravida. We are in close to 200 different places in the Nordics, 14,000 employees and we had in 2024 close to SEK30 billion in sales. 84,000 customers that are served by 350 branches creates a very stable business, in business model that we think is very positive.

My name is Mattias Johansson, Group President and CEO of Bravida. And today, for the first time, I have Petra Vranjes, welcome to Bravida. Maybe you want to say something.

Petra Vranjes
Bravida Holding AB - Chief Financial Officer

Thank you, Mattias. And yes, absolutely. So I've been here for a little bit more than a month now, and I have to say that I'm super proud to be a part of Bravida team. But the first thing that appealed to me with Bravida, it was the long-term view that the business is taking. And that combined with the sustainability engagement is super

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