Hedin Mobility Group’s Year-End Report 2025: A hesitant market amid continued uncertainty
MÖLNDAL, SWEDEN, February 27, 2026 – Hedin Mobility Group AB (publ) today publishes the Year-End Report for the period January 1 – December 31, 2025.
CEO Anders Hedin: “The fourth quarter was weaker than expected and – like 2025 as a whole – disappointing. For the full year, net sales decreased to MSEK 89,630 (92,300) and operational earnings to MSEK 132 (419).
Fundamentally, this is about demand. Uncertainty in the external environment remains high. Households remain cautious in their spending. This is a challenge faced by several sectors but is particularly evident in a durable goods industry such as ours. Although several macroeconomic indicators are moving in a more favourable direction, the weak market development remains unusually prolonged and difficult to assess.
Despite the weak market, we enter 2026 with a clear plan and improved control over the factors we can influence. We have worked to optimise the balance sheet, which is reflected in lower total assets and a reduction in net debt of approximately MSEK 1,000 during 2025. Inventory levels are balanced, and we are gradually reducing exposure in the retail business to buy-backs and residual value commitments. This creates the conditions for a more sustainable model mix and improved margin going forward.
We assess that the market will remain challenging during the first half of 2026, while several factors indicate improved development in the second half of the year. That said, we recognise that the market environment remains hesitant. Our focus is on what we can influence here and now, and on improving earnings and cash flow step by step until the turning point is reflected in the figures.”
The Group in summary
October – December 2025
- Net sales decreased by 7% to MSEK 22,326 (24,016).
- Operational earnings decreased to MSEK -206 (114).
- Operating profit decreased to MSEK -314 (64).
- Net loss for the period amounted to MSEK -548 (-269).
January – December 2025
- Net sales decreased by 3% to MSEK 89,630 (92,300).
- Operational earnings decreased to MSEK 132 (419).
- Operating profit decreased to MSEK -135 (-55).
- Net loss for the period amounted to MSEK -1,143 (-1,157).
The Year-End Report is attached to this press release and is also available to download at Hedin Mobility Group’s website.