“Åhléns Group has continued to develop positively during the second quarter. Several important initiatives have strengthened both our operational capabilities and our long-term competitiveness. We are now seeing clear results from the improvement efforts carried out over recent years, not least investments in own brands as well as efficiency gains within logistics and inventory management. The quarter is characterized by improved cash flows, increased financial stability, clear progress in our strategic priorities, and a continued strong focus on the customer experience. Taken together, these advances create a solid platform for sustainable growth in a market that continues to be characterized by uncertainty and changing consumer behaviour,” says Ayad Al-Saffar, CEO of Åhléns Group.
Financial Summary August – October 2025
» Net sales amounted to SEK 1,265.7 million (SEK 1,219.1 million)
» Adjusted EBITDA amounted to SEK 30.5 million (SEK 32.4 million)
» Profit for the period amounted to SEK -11.2 million (SEK -14.5 million)
» Total cash flow for the period amounted to SEK 57.0 million (SEK -90.8 million)
Financial Summary May – October 2025
» Net sales amounted to SEK 2,511.2 million (SEK 2,415.9 million)
» Adjusted EBITDA amounted to SEK 41.6 million (SEK 82.5 million)
» Profit for the period amounted to SEK -43.6 million (SEK -10.9 million)
» Total cash flow for the period amounted to SEK 123.1 million (SEK -258.7 million)
Significant Events During the Period:
» On August 27, Åhléns opened a department store in Trollhättan in a prime city-centre location.
» On October 22, Åhléns Group announced the successful issuance of senior secured bonds totalling SEK 500 million. The bonds carry an interest rate of three-month STIBOR plus 5 percent per annum. The proceeds from the bond issuance are intended to be used to partially refinance existing debt (in the form of COVID-19-related deferred tax), for general corporate purposes, and to finance transaction costs.
Significant Events After the Period:
» On November 25, Åhléns Group announced that the company’s bonds had been admitted to trading on the Transfer Market segment of the Nasdaq First North Bond Market.
» The tax deferral was repaid in line with the purpose of the bond issuance.
» In November, Åhléns opened a new department store at Ingelsta Shopping, outside Norrköping.