Terranor Group AB

Terranor Group AB

35.90
SEK
-1.00
(-2.71%)
0.86EPS
39.91P/E
690.00MMarket Cap
Nov 10Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
107.61
137.9
157.35
180.13
197.34
Basic EPS, GAAP
3.45
2.88
3.1
-1.16
0.86
Free Cash Flow per Basic Share
3.43
4.61
4.07
9.82
5.42
Dividend per Share
- -
1.8
- -
- -
1.49
Book Value per Share
6.5
7.57
10.81
9.42
9.05
Tangible Book Value per Share
3.98
5.56
8.35
7.55
7.36
Basic Weighted Avg Shares
20
20
20
20
20
Sales/Revenue/Turnover
2,152
2,758
3,147
3,603
3,964
Operating Margin (%)
3.62
2.29
1.93
0.25
1.61
Depreciation Expense
75
103
126
161
177
Net Income, GAAP
69
58
62
-23
17
Effective Tax Rate (%)
2.25
- -
- -
- -
55.92
Profit Margin (%)
3.21
2.09
1.97
-0.64
0.44
Working Capital
-20
-12
-50
-60
-61
LT Debt
115
146
210
286
306
Total Equity
130
151
216
188
181
Return on Invested Capital (%)
- -
- -
- -
- -
4.16
Return on Capital (%)
- -
- -
- -
- -
4.23
Return on Common Equity (%)
- -
40.94
33.77
-11.43
9.26

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
164
200
276
LT Borrowings
16
15
14
LT Finance Leases
271
274
292
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
568
442
690

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
761
655
801
Cash, Cash Equivalents & STI
77
33
23
Accounts Receivable, Net
407
251
380
Inventories
31
29
16
Total Current Liabilities
820
705
862
Payables & Accruals
- -
- -
- -
ST Debt
164
200
276
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-12.87%
Free Cash Flow
- -
- -
141.17%
Net Income, GAAP
- -
- -
-137.27%
Sales/Revenue/Turnover
- -
- -
14.48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
721
756
723
947
3,147
2025
736
849
794
1,223
3,603
2026
905
1,041
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.17
1.04
2.24
3.1
2025
-0.01
-0.95
-0.57
0.38
-1.16
2026
0.35
0.7
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
1.5
- -
- -
- -

Company Description

CEO
Michael Berglin
Full Time Employees
682
Sector
Industrial services
Industry
Engineering & construction
Address
Solna Sweden
IPO Date
Jun 30, 2025
Business
Terranor Group AB is a Sweden-based infrastructure services company specializing in road operation, maintenance, and civil engineering solutions across the Nordic region. The company operates through three primary geographic business segments comprising Sweden (Terranor AB), Finland (Terranor Oy), and Denmark (Terranor A/S). Its comprehensive service portfolio includes winter maintenance operations, encompassing snow plowing and clearance, anti-icing and de-icing treatments, sanding, salting, and 24/7 winter weather surveillance; summer maintenance and road repair services, including asphalt resurfacing, pothole patching, crack sealing, bridge maintenance, road marking, and drainage network maintenance; roadside vegetation and green area management, such as roadside mowing, brush cutting, tree trimming, and weed eradication; traffic safety and infrastructure management, comprising the installation, inspection, and maintenance of guardrails, road signs, traffic control signals, and temporary traffic diversion systems; civil engineering and groundwork, including earthmoving, paving, and electric vehicle charging infrastructure deployment; and 24/7 incident response and emergency road clearing services. Terranor Group primarily serves public sector clients, including national transport agencies such as Trafikverket in Sweden and the Finnish Transport Infrastructure Agency, as well as municipal authorities and regional transport bodies. Originally established through the carve-out of NCC's road maintenance operations in 2019 and 2020, the company is headquartered in Solna, Sweden. In recent developments, Terranor Group completed its initial public offering on the Nasdaq First North Growth Market in Stockholm under the ticker symbol TERNOR in June 2025. Following the listing, former parent investment firm Mutares SE & Co. KGaA completed its full divestment and exit from the company in May 2026, establishing Terranor as an independent public entity. The company has also expanded its operational footprint across the Nordic markets through multiple long-term contract wins with national and municipal road authorities in Sweden and Finland, building a record multi-billion-krona order backlog.