Scandinavian Astor Group AB: Strong Performance and Positive Outlook

The Scandinavian Astor Group AB has reported a significant growth in its Q1 2025 results. The company's sales increased by 105% year-over-year, reaching SEK 75 million. A substantial portion of this growth, SEK 24 million, is attributed to recent mergers and acquisitions. Notably, there was a 38% organic sales growth, indicating a rising demand for Astor’s offerings.

The Tech segment saw its sales increase from SEK 0.6 million to SEK 24 million, largely due to the consolidation of Scandiflash. Meanwhile, the Industry segment experienced a 50% sales growth, amounting to SEK 54 million. The order intake rose to SEK 67 million, maintaining a sturdy order backlog valued at SEK 200 million.

Profitability showed robust progress, with the group’s EBITDA soaring by 282% year-over-year, reaching SEK 8.1 million, resulting in an 11% margin. The main factors were the consolidation of Scandiflash and an increase in the Industry segment's profitability. Consequently, the CFO expanded to SEK 6.7 million, and free cash flow turned positive for the first time. With a capital increase of SEK 150 million in progress, strong momentum is anticipated to continue.