Auroora Group Plc's Financial Statements Release 1.1.-31.12.2025: Profitable growth on multiple fronts – organically and through acquisitions

Auroora Group Plc, FINANCIAL STATEMENTS RELEASE 1.1.-31.12.2025

25.2.2026 at 11:00 a.m.

Profitable growth on multiple fronts – organically and through acquisitions

January–December 2025

• Net sales increased by 43.9% to EUR 205.2 million (142.6)
• Net sales (PF*) amounted to EUR 235.2 million
• Adjusted EBITA was EUR 13.5 million (9.6), and 6.6% of net sales
• Adjusted EBITA (PF*) was EUR 17.7 million, and 7.5% of net sales
• Adjusted operating profit was EUR 7.7 million (5.5), and 3.7% of net sales
• Net cash flow from operating activities was EUR 12.6 million (16.9)

* PF (Pro forma) = Includes acquired businesses as if they had been owned for 12 months at the reporting date.

Global geopolitics and Finland’s economic situation made 2025 a demanding year, while also offering interesting business opportunities for Auroora. Although the operating environment was characterized by uncertainty, Auroora’s decentralized operating model, where decision-making takes place within the operating companies, enabled rapid responses to changing market conditions.

Auroora’s responsible ownership is built on three core pillars: growth, profitability and cash flow. In 2025, the company’s financial performance was strong, and Auroora advanced its growth strategy systematically both organically and through acquisitions. During the year, Auroora completed nine acquisitions, and net sales increased by 43.9% to EUR 205.2 million (2024: EUR 142.6 million). Organic net sales growth amounted to 13.1%. Adjusted EBITA was EUR 13.5 million, representing 6.6% of net sales (2024: EUR 9.6 million). On a full-year pro forma basis, net sales amounted to EUR 235.2 million and adjusted EBITA to EUR 17.7 million, corresponding to 7.5% of net sales. Net debt to EBITDA was 2.1 and close to the company’s target level, while return on capital employed (ROCE) was in line with the long-term target of over 15%.

The foundation of Auroora’s growth lies in the organic growth and cash flow generation capability of its portfolio companies. This enables investments, strengthens financial flexibility, and supports the disciplined execution of acquisitions – always with shareholder value creation as the guiding principle. As a compounder, Auroora’s objective is not to centralize operations, but to strengthen its companies. Operational responsibility, customer interfaces and agility remain within the companies, while the Group supports them through active board work, strong governance and shared capabilities.

The acquisitions completed during the year strengthened Auroora’s portfolio in selected segments. In the Electrification and Automation segment, BTB Transformers and WestimQpower joined the Group. The Industrial Products and Services segment was strengthened through several acquisitions, as Pur-ait, Suomen Voiteluainekauppa, Varustelu Look, Rammy, Heatmasters and Alu-Releco became part of Auroora. The Clean Water and Environmental Technology segment operated in a challenging market environment, but Auroora made determined investments and strengthened its offering. The acquisition of Econet’s industrial and intellectual property rights supported product and solution development, and the acquisition of the circular economy company Rasmix after the financial year-end improved the segment’s prerequisites for a financial turnaround and profitable growth.

Managing growth also requires scalable Group functions. In 2025, Auroora strengthened its finance organization and appointed a new Chief Financial Officer. This ensures that growth remains controlled and reporting at a high standard. In addition, Auroora enhanced Board work by establishing an Audit Committee as well as a People and Sustainability Committee.

Good starting position for 2026 – supported by order backlog and industrial sentiment

Auroora enters 2026 from a solid position, supported by strengthened recognition and financial resources. The order backlog provides visibility, and industrial sentiment is fundamentally positive, although market uncertainty has not yet fully subsided.

The company’s priorities for 2026 remain unchanged: profitable growth, strong cash flow management and disciplined capital allocation. Auroora will continue to pursue a selective approach to acquisitions and further embed the use of artificial intelligence across its companies and Group processes to accelerate the productivity leap and strengthen competitiveness.

KEY FIGURES

Annual report and sustainability report published

Auroora Group Plc has today published its Annual Report and Sustainability Report for 2025. The publication includes the Report of the Board of Directors, the consolidated financial statements, the auditor’s report and the Sustainability Report.

The publication is attached to this announcement as a PDF file and available on the company’s website at https://auroora.com/en/reports_and_presentations.

Further information

Antti Rauhala, CEO
Auroora Group Plc
Tel. +358 40 549 0080
antti.rauhala@auroora.com

Auroora Group Plc

Auroora Group Plc is a Finnish compounder and industrial owner that builds long-term, profitable growth through acquisitions and operational development. Auroora acts as a permanent owner and develops its portfolio companies as part of a decentralized and entrepreneurial Group structure.

Auroora operates in three segments: Electrification and Automation, Clean Water and Environmental Technology, and Industrial Products and Services. The Group executes a repeatable acquisition strategy in selected markets and allocates capital to growth that supports sustainable value creation.

The Group comprises more than 20 SMEs employing over 850 people. In 2025, Auroora’s net sales amounted to EUR 205.2 million and adjusted EBITA to EUR 13.5 million. Auroora operates in Finland, and its companies conduct international business, with subsidiaries in Finland, Sweden and Poland.

www.auroora.com