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Polygiene
Polygiene (POLYG) investor relations material
Polygiene Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
New CEO with extensive specialty chemicals experience appointed in December 2025, succeeding Ulrika Björk, and leading integration of Addmaster.
Q4 2025 net sales were SEK 36.8 million, down 17.7% year-over-year, with an FX impact of -11%.
Full-year 2025 net sales reached SEK 146.6 million, down from SEK 156.9 million, with a -6 to -7% currency effect.
Gross margin for Q4 was 68.2% (down from 76.1%), and for the full year 67.6% (down from 70.8%), mainly due to FX and sales mix.
Focus on organic growth, innovation, and expansion into new market segments to drive sustainable long-term growth and ROI.
Financial highlights
Q4 EBITDA was SEK -2.6 million versus SEK 4.4 million last year, impacted by FX, lower sales, and SEK 4.1 million in one-time CEO transition costs.
Full-year EBITDA was SEK 3.5 million, down from SEK 19 million, mainly due to FX and one-time costs.
Q4 EBIT was SEK -2.6 million; full-year EBIT was SEK -2.1 million.
Net cash at year-end was SEK 38.8 million, down from SEK 68.7 million.
Cash flow for the year was SEK -23.5 million, with SEK 10 million in dividends paid.
Outlook and guidance
Priorities for 2026 include managing silver price impact, diversifying through new technology and markets, restoring profitable growth in Americas, and repositioning Addmaster as a technical leader.
Leadership transition aims to provide clarity and momentum for the next phase of development.
Anticipated input cost pressure in 2026 due to rising silver prices; proactive mitigation measures underway.
No specific financial forecasts provided for coming quarters.
Efforts to increase volumes with key customers and achieve higher sales in 2026.
Silver price impact on Q1 margins?
Americas growth restoration plan details
Path to increasing healthcare partnership volumes
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Next Polygiene earnings date
Q1 202623 Apr, 2026
Polygiene
Next Polygiene earnings date
Q1 202623 Apr, 2026
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Frequently asked questions
Polygiene is a Swedish company specializing in antimicrobial and odor control solutions for textiles and materials. The company offers technologies that inhibit the growth of odor-causing bacteria, extending the freshness and lifespan of products in industries such as apparel, home textiles, and healthcare. Polygiene partners with global brands to integrate its solutions into consumer and industrial products. The company is headquartered in Malmö, Sweden, and its shares are listed on the OMXSTO.
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