APRIL – JUNE 2025

• Net sales increased with 28.1 percent to SEK 761.4 million (594.3). The organic growth was 17.5 percent.
• The adjusted gross profit amounted to SEK 276.8 million (229.7), corresponding to an adjusted gross margin of 36.3 percent (38.6).
• Adjusted EBITA increased with 35 percent to SEK 56.9 million (42.3) and the adjusted EBITA-margin amounted to 7.5 percent (7.1).
• Adjusted EBIT increased with 38 percent to SEK 53.3 million (38.7) and the adjusted EBIT-margin was 7.0 percent (6.5).
• The reported result for the period amounted to SEK 22.5 million (19.5).
• The cash flow from operating activities was SEK 97.2 million (88.0).
• Profit per share amounted to SEK 12.07 (12.33).

COMMENT FROM THE CEO
“The successful quarter marks WeSports’ best second quarter to date and means we can sum up the strongest first half-year in the company’s history in terms of both sales and profit – just as it should be for a growth company. This further strengthens our position as the Nordic region’s leading group within sports and leisure equipment…
 
… Looking ahead, we see excellent opportunities for continued strong organic growth and a focused, ambitious M&A agenda. The sports- and leisure retail market is large and fragmented, with thousands of smaller companies active in the Nordics – a structure that creates ample room for expansion”, says Ted Sporre, CEO of WeSports Group.

IMPORTANT EVENTS DURING AND AFTER THE QUARTER

• During the period, the group has completed and entered into three additional acquisitions; How Soon Is Now Holding AB (“Beny”) in cycling, Skatertown ApS in hockey and SkiCom Sweden AB in winter sports.
• The group has also completed a strategic bolt-on acquisition via Spobik AB in the form of the VOID trademark (including selected assets).
• After the end of the reporting period, an internal restructuring activity was carried out in the form of the outdoor operations from Nordic Outdoor & Sports Group being acquired by Vartex AB and its cross-country skiing operations being acquired by Active Sports Nordic AB. This implies that WeSports gathers its strength in each area, with a focus on offering customers the best assortment, extracting synergies and continuing to grow profitably.

 
CONTACT
Tim Holmlund Meier
CFO, WeSports Scandinavia AB 
+46 703 37 74 79
ir@wesportsgroup.com 
 
 
ABOUT WESPORTS GROUP
WeSports Group is a Nordic sports equipment specialist group. We are leaders in key categories such as Bikes & Mobility, Running & Outdoor, and Fitness & Team Sports – and strive for expansion in further sports and lifestyle areas. WeSports Group targets elite athletes and active individuals through online- and physical stores, while distributing own- and external brands.
 
We acquire and develop specialist companies, allowing them to operate independently, within a decentralized structure, and take advantage of shared infrastructure and strategic support. As of Q2 2025 (R12), WeSports Group achieved a turnover of 2.7 billion SEK, driven by strong organic growth and solid profitability.
 
Read more about WeSports Group: www.wesportsgroup.com