CORRECTED-Sweden's Midsona Q4 sales fall 2.9% on Spain fire impact

Overview

• Sweden health brand developer's Q4 net sales declined 2.9% due to fire impact

• Company achieved 0.7% organic sales growth, driven by own consumer brands

• Company announced restructuring to reduce costs by SEK 20 mln annually

Outlook

• Midsona expects annual cost savings of SEK 20 mln from restructuring by Q1 2026

• Company sees long-term opportunities for organic and structural profitable growth

• Midsona continues to prioritize actions for profitable growth amid global uncertainties

Result Drivers

• ORGANIC GROWTH - Midsona achieved 0.7% organic sales growth, driven by own consumer brands and marketing initiatives

• COST EFFICIENCY - Improved profitability attributed to ongoing cost efficiency measures

• FIRE IMPACT - Sales negatively affected by previous fire at Spanish production facility

Key Details

Analyst Coverage

• The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nMFN9j99J

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