C-parts supplier Bufab has published its financial results for Q1 2025, with adjusted operating profit and net sales increased in the quarter.
The company’s adjusted operating profit in the previous quarter was SEK 286 million, up from SEK 259 million in Q1 2024. Net sales increased by 1.6% to SEK 2,184 million from SEK 2,149 million.
Order intake increased to SEK 2,152 million from SEK 2,147 million, slightly lower than net sales. Of the total change in sales, 0.6% was attributable to currency effects, 1.1% to acquisitions/divestment and -0.1% to organic growth. The gross margin increased by 1.2 percentage points to 30.3%, mainly driven by the trading business.
“We reported positive total growth of 1.6% after several quarters of negative growth. The organic growth was -0.1%, showing an improvement to Q4, when it was -1.5%. Region Asia-Pacific continued to demonstrate strong organic growth of 17.1%, led by China. The general market has shown some signs of stabilisation, but as a whole remains cautious,” said Erik Lundén, President and CEO of Bufab.
In Q1 2025, the market conditions in the important general industry, construction, and mobile home and trailer segments were “stable”, while demand was strongest in defence, energy and medical.
Looking ahead, the company will continue to add more value-creating services to broaden its customer offering. It is also working actively to implement value-based pricing within the organisation.
Another focus will be on gaining market share, gradually improving margins and delivering strong cash flow.
“Trade tariffs between the US and other countries are moving back and forth rapidly, and we are closely monitoring the developments. We can see how higher tariffs could affect Bufab’s operations in the US in the short term, but as a large and stable supplier that manages these disruptions better than smaller competitors, we may benefit over time. We are already working actively with suppliers and customers to ensure that we maintain our strong position and good profitability in the region,” said Lundén.
