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Humble Group AB (publ)
2/19/2025
Welcome to Humble Group's year-end presentation. My name is Simon Petrine, I'm the Group CEO and with me today I have Johan Lennartson, our CFO.
Good morning everyone.
So thank you for tuning in. To start things off, we just want to share a few highlights on the quarter. We have delivered a stable quarter for the last period of the year. We have seen some improvement in the profitability. We actually had the first quarter where we surpassed 2 billion kronor in a single quarter, which is a milestone for us. We had an organic growth of 7.2%, a little bit weaker than the previous quarters. But as I already mentioned in the Q3 report, we were facing some tough comparables here. And if you look at the absolute growth, it's pretty much in line with the previous quarters. We had a sequential improvement in the gross margin spanning up quite significantly from Q3, which also creates good confidence entering into 2025. And most importantly, the profitability is improved. We grew the adjusted EBITDA with 11% versus last year, and we also have a slight margin improvement. And overall, I feel that we have a quarter and a year behind us now with several improvements strategically in the groups. We had a lot of major initiatives that we have really focused on execution and we're starting to ramp those up in the year, which is something that we really look forward to. So let's dig into to start talking about the net sales.
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