Second quarter highlights

• Revenue increased by 1.6 per cent to MSEK 2,470 (2,432). Organic growth was -4.3 per cent.
• Gross margin was 40.1 per cent (40.3).
• Adjusted EBITA decreased to MSEK 144 (166), corresponding to an adjusted EBITA margin of 5.8 per cent (6.8).
• Operating profit decreased to MSEK 98 (147) and the operating margin was 4.0 per cent (6.0). Operating profit was charged with items affecting comparability of MSEK -28 (-4).
• Profit amounted to MSEK 46 (87).
• Earnings per share amounted to SEK 0.88¹ SEK (1.70¹).
• Cash flow from operating activities amounted to MSEK 150 (270).

First six months highlights

• Revenue increased by 2.2 per cent to MSEK 4,702 (4,601). Organic growth was -3.5 per cent.
• Gross margin was 40.5 per cent (40.7).
• Adjusted EBITA decreased to MSEK 218 (250), corresponding to an adjusted EBITA margin of 4.6 per cent (5.4).
• Operating profit decreased to MSEK 135 (212) and the operating margin was 2.9 per cent (4.6). Operating profit was charged with items affecting comparability of MSEK -47 (-8).
• Profit amounted to MSEK 63 (110).
• Earnings per share amounted to SEK 1.22¹ (2.16¹).
• Cash flow from operating activities amounted to MSEK 112 (398).

1) Before and after dilution.

Significant events during the second quarter

• The Annual General Meeting on 21 May approved a dividend of SEK 2.00 per share (3.50).
• The Annual General Meeting on 21 May voted for the re-election of the Board members Göran Näsholm, Stefan Hedelius, Cecilia Marlow, Johan Sjö, Christina Åqvist and Johan Lilliehöök. Alexandra Fürst was elected as a new Board member. Göran Näsholm was re-elected Chair of the Board of Directors.
• The Science Based Targets initiative (SBTi) validated Alligo’s science-based targets for reducing greenhouse gas emissions, as well as the target for net zero emissions by 2050.

Events after the end of the period

• On 1 July, Alligo acquired 100 per cent of the shares in Galaxi Företagsreklam Aktiebolag. The company focuses on product media, generates annual revenue of approximately MSEK 13 and has three employees.
• On 14 July, Alligo signed an agreement to acquire 100 per cent of the shares in Broderiet i Kungsbacka AB. The company focuses on product media, generates annual revenue of approximately MSEK 14 and has five employees. The acquisition is expected to be completed in August 2025.

Comments from the CEO
“We have a strong offering of own brands and external brands, along with services, a store network and delivery capability that means we have every opportunity to become unbeatable.”

“The market overtones are more positive now than they have been during the past two years, but our customers continue to adopt a cautious approach.”

“Alligo has maintained a strong position on the market and is rising to the challenges with cost adjustments and continued investments in sales.”

“During the quarter, we reached a key milestone in our sustainability work when our science-based targets for reducing emissions were validated by the Science Based Targets initiative (SBTi).”

Presentation of the interim report for the second quarter 2025
Alligo publishes its interim report for the second quarter on Thursday, 17 July 2025, at 08:00 a.m. CEST. In conjunction with this, Alligo is pleased to issue this invitation to a webcast conference call in which Group President & CEO Clein Johansson Ullenvik and CFO Irene Wisenborn Bellander will present the report and answer any subsequent questions. The presentation will be held in English.

Date and time: Thursday, 17 July 2025 at 11:00 a.m. CEST
Web link: https://www.alligo.com/en/report/q2-2025/
Telephone conference: https://register-conf.media-server.com/register/BI3902cabade934c88a5a9e47e698d7e23
To participate in the conference call, you need to register via the link above before the conference starts. When you register, you will receive a phone number and a personal code.