AddLife AB
STO:ALIF B

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AddLife AB
STO:ALIF B
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Price: 150.8 SEK -0.53% Market Closed
Market Cap: 17.8B SEK

AddLife AB
Investor Relations

AddLife AB, a prominent player in the life sciences sector, intricately weaves its narrative through a commitment to enhancing healthcare and laboratory services across Europe. Founded in Sweden, the company has established itself as a crucial intermediary, effectively bridging the gap between manufacturers of medical devices and the healthcare institutions that require them. AddLife operates by acquiring and developing niche companies within two core segments: Labtech and Medtech. Through Labtech, it supplies essential equipment, instruments, and consumables for diagnostic and research laboratories. In Medtech, it provides a variety of healthcare logistics, medical products, and services to hospitals and care facilities, enhancing their operational efficiencies.

The financial heartbeat of AddLife rests on its adeptness at creating value through strategic acquisitions and organic growth, capitalizing on the increasing demand for innovative healthcare solutions. By continuously expanding its product portfolio and enhancing the capabilities of its subsidiaries, AddLife ensures a diversified revenue stream, mitigating risks associated with dependence on any single product or market. This approach not only fortifies their market position but also fuels their profit margins, as they deftly respond to shifting industry demands and regulatory changes. The company's shared values and decentralized business model promote entrepreneurship within its subsidiaries, fostering an environment where innovation can thrive—ensuring their continued success and substantial contribution to the evolving landscape of healthcare.

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ALIF B
OMX Stockholm 30
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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
Apr 25, 2025
AI Summary
Q1 2025

Margin Expansion: AddLife saw significant EBITA margin improvements in both Labtech and Medtech, with group EBITA margin rising to 12.7% from 11.5% last year.

Solid Revenue Growth: Sales grew 5% in Q1, driven by 12% growth in Labtech, while Medtech was flat due to last year's large U.K. instrument orders not repeating.

Strong Cash Flow: Operating cash flow improved to SEK 239 million, considerably higher than recent years, helping reduce net debt.

Debt Reduction: Net debt to EBITDA dropped to 2.8, below the company’s ambition of 3.0, supported by strong cash generation and favorable FX effects.

Acquisition Activity: AddLife completed the acquisition of Edge Medical in April and plans to ramp up acquisition activity due to the stronger balance sheet.

Portfolio Optimization: The company is actively pruning less profitable products and introducing advanced, high-margin products.

Positive Outlook: Management remains optimistic about continued margin, growth, and acquisition momentum despite some isolated market and product line weaknesses.

Key Financials
Revenue Growth
5%
Labtech Revenue Growth
12%
Medtech Revenue Growth
0%
EBITA Growth
18%
EBITA Margin
12.7%
Labtech EBITA Margin
12.1%
Medtech EBITA Margin
13.5%
Operating Cash Flow
SEK 239 million
Net Debt Reduction (quarter)
SEK 400 million
Net Debt Reduction (12 months)
SEK 1 billion
Net Debt / EBITDA
2.8
Debt to Equity
0.9
Interest in the Quarter
4.8%
Interest Coverage Ratio
6
Equity Ratio
41%
Other Earnings Calls
2025
2023
2022
2021
2020
2019
2018

Management

Mr. Fredrik Dalborg
President & CEO
No Bio Available
Ms. Christina Rubenhag
Chief Financial Officer
No Bio Available
Julie O'Leary
Investor Relations Manager
No Bio Available
Timmy Rosendal
Head of Sustainability
No Bio Available
Ms. Jamilah Wass
Group Financial Controller
No Bio Available
Ioana Dragan
Head of Group Financial Controller
No Bio Available
Malin Lindh
Group Business Controller
No Bio Available

Contacts

Address
STOCKHOLM
Stockholm
Brunkebergstorg 5, Box 3145
Contacts
+46842003830.0
www.add.life