Contract manufacturer Hanza has reported a record-breaking first quarter, characterized by a sharp increase in revenue and enhanced profitability.

Net sales reached SEK 2,646 million (1,326), representing a doubling of turnover. Organic growth stood at 20 percent.

EBITDA rose to SEK 311 million (138), yielding an EBITDA margin of 11.8 percent (10.4). Adjusted operating profit amounted to SEK 227 million (97), corresponding to an adjusted operating margin of 8.6 percent (7.3).

Operating profit (EBIT) came in at SEK 220 million (86), with an operating margin of 8.3 percent (6.5). Profit before tax increased to SEK 147 million (47), while net income reached SEK 128 million (40).

Earnings per share after dilution amounted to SEK 2.08 (0.90).

Growth was driven by both acquisitions and strong organic development. CEO Erik Stenfors highlighted that the quarter confirms the business model's ability to combine growth, profitability, and cash flow.

Hanza reiterates its financial targets through 2028.

Key FiguresCurrent PeriodPrior Year PeriodChange (%)
Net Sales2,6461,326100%
EBITDA311138125%
EBITDA Margin11.8%10.4%1.4 pp
Adjusted Operating Profit22797134%
Operating Profit22086156%
Operating Margin8.3%6.5%1.8 pp
Profit Before Tax14747213%
Net Profit12840220%
Earnings Per Share2.080.90131%