Formpipe: Overall in line with preliminary figures - ABG

EBIT in line with preliminary figures, sales slightly above
Formpipe has taken measures to enhance margins
Cons. to cut 2025e adj. EBIT 5-10%


Q4 results

Sales SEK 141m (0% vs ABGSC 141m), EBITDA 20m (-38% vs ABGSC 32m), EBIT 3m (-83% vs ABGSC 15m), Adj. EBIT 7m (-60% vs ABGSC 18m), Net profit 3m (-75% vs ABGSC 13m). Cash flow was good, with FCF of SEK 34m - despite NRIs of SEK 5m related to the cyberattack. Please note that we had not updated our figures following the preliminary announced figures from 20 January.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/formpipe/Equity-research/2025/2/formpipe---overall-in-line-with-preliminary-figures/