Swedish Companies Report Increased Revenues with Declining Profits in Q2 2025

Swedish companies display revenue growth but face increased financial challenges in Q2 2025.

Key Points

  • • Neovici reported a revenue increase to 26.4 million kronor but a net income loss of -8.7 million kronor.
  • • Hilbert Group's revenue rose to 46.2 million kronor, but it experienced a deeper operational loss.
  • • Dala Energi's revenue fell drastically to 7.8 million kronor due to strategic changes.
  • • Amhult 2 reported an operational surplus increase to 20.0 million kronor, benefiting from higher rental income.

As of August 29, 2025, several prominent Swedish companies have reported their Q2 financial figures, showcasing a trend of increased revenues but declining profitability amidst challenging market conditions.

Neovici, a provider of automated services, reported a net revenue of 26.4 million kronor for Q2 2025, reflecting a 19.5% increase from the previous year. However, the company faced a gross margin decline from 72.5% to 63.5%, with an EBITDA loss worsening from -1.6 million kronor to -5.7 million kronor. Additionally, the net income loss rose to -8.7 million kronor, up from -4.7 million kronor. On the positive side, Neovici improved its operating cash flow to 1.8 million kronor from a previously negative position and secured a significant five-year automation contract worth up to 35 million kronor with a leading industrial group, as highlighted by CEO Jan Berggren.

Hilbert Group also reported a notable increase in revenues, reaching 46.2 million kronor in Q2 2025, a substantial rise from last year’s 27.3 million kronor. Despite the revenue growth, Hilbert faced an operating loss that deepened from -13.7 million kronor to -18.1 million kronor. This decline highlights the ongoing financial struggles within the digital asset investment sector, amid mixed performance in Asian stock markets.

Meanwhile, Dala Energi’s revenues plummeted significantly due to its strategic shift towards energy investments. The company recorded only 7.8 million kronor in Q2 2025, a massive decline from 85.6 million kronor a year earlier, reflecting substantial challenges during its transformation.

On a more positive note, Amhult 2 saw its operational surplus increase to 20.0 million kronor, up from 18.1 million kronor the previous year, driven by higher rental income. This indicates a resilient performance within the real estate sector, contrasting with the declines observed in other industries.

As these companies navigate financial instability and strategic shifts, the overall landscape remains influenced by uncertain market conditions, particularly in Asia, affecting investor sentiment across various sectors in Sweden. The mixed results underscore the challenges of maintaining profitability even when revenue growth is evident, marking a complex business environment for Swedish firms in Q2 2025.