MÖLNDAL, SWEDEN, 28 August, 2025 - Hedin Mobility Group AB (publ) today publishes the Half-year report for the period Januari 1 - June 30, 2025.
CEO Anders Hedin: "Earnings before tax increased in the second quarter by SEK 451 million. This improvement is the result of efficiency programmes implemented, where I previously pledged annual savings of SEK 1 billion. During the second quarter, external costs and personnel expenses decreased by a total of SEK 260 million compared with the same period in 2024.
The margin continued to improve during the quarter, with positive development in all segments - new cars, used cars and aftersales. In Retail, margins strengthened in all countries except the Netherlands, where performance was adversely affected by changes in tax regulations for light commercial vehicles, and Finland. Cash flow from operating activities continued to strengthen, increasing by SEK 940 million in the first half of the year.
The market for new cars remains at a historically low level, with deliveries and order intake largely unchanged compared with the previous year. Towards the end of the quarter, however, we saw increased activity and are hopeful that this trend will continue. Pending clearer signals of economic improvement, we continue to implement further efficiency measures to strengthen earnings and cash flows even more."
The Group in summary
April - June 2025
- Net sales decreased by 1% to MSEK 23,092 (23,218).
- Operational earnings increased to MSEK 170 (18).
- Operating profit increased to MSEK 118 (-258).
- Profit/loss for the period increased to MSEK -140 (-523).
January - June 2025
- Net sales decreased by 1% to MSEK 46,163 (46,803).
- Operational earnings increased to MSEK 273 (169).
- Operating profit increased to MSEK 165 (-273).
- Profit/loss for the period increased to MSEK -363 (-770).
The Half-year report is attached to this press release and is also available to download on Hedin Mobility Group's website.
Contact
Kristina Wärmare, Global Communications Director, +46 31-790 00 82
ir@hedinmobilitygroup.com
Anders Hedin, CEO, +46 31-790 00 00
Per Mårtensson, CFO, +46 31-790 00 00
This information is information that Hedin Mobility Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-08-28 08:00 CEST.
About Hedin Mobility Group
Hedin Mobility Group is one of Europe's largest mobility providers, with more than 11,800 employees and operations in 14 countries. In 2024, net sales amounted to SEK 92.3 billion and the Group sold more than 259,000 vehicles.
Our operations consist of three main business areas:
- In Distribution, we are a significant importer/distributor of vehicles, spare parts, tires, rims and wheels as well as accessories on the European market. We are importer and/or distributor for Corvette, Dodge and RAM, Ford and Ford F-150, Hongqi, INEOS Grenadier, IVECO, MG, XPENG and NIO, as well as Renault, Dacia and Alpine. Within spare parts we are, among other things, an authorised partner for GM and Mopar in Europe as well as the exclusive global supplier of Saab Original parts.
- In Retail, we represent more than 50 brands and provide a comprehensive offer - sales, financing, insurance, and aftermarket services - comprising new and used passenger cars, commercial vehicles, and trucks to both private and corporate customers. Sales take place both online and via a European dealer network comprising more than 330 own dealerships with a total of over 800 sales points under the names Hedin Automotive and Carstore.
- In Mobility Solutions, we address new user needs and sales models in the automotive industry by providing and developing innovative services. Through Carplus, Unifleet, MABI Mobility and Hedin Supercharge, users are offered various flexible and modern mobility solutions.
Hedin Mobility Group's operations also include Hedin IT, which provides the Group with high-end operations, support and digital development, as well as strategic investments in Mercedes-Benz Financial Services Slovakia, Lasingoo Sverige and Casi.
Read more on www.hedinmobilitygroup.com
Part of Hedin Group
Hedin Mobility Group is part of the Hedin Group together with the Hedin Construction group and I.A. Hedin Fastighet AB. Hedin Group is also a partner in Consensus Asset Management.
www.hedingroup.com
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