Stillfront Group achieved a 27% adjusted EBITDAC margin in Q4 2025, an improvement from 25% in the prior year, despite a 9.4% decline in organic revenue to SEK 1,356 million.
02
The company has consolidated its three operating segments into a single structure to streamline reporting and operations across its global portfolio.
03
Free cash flow decreased to SEK 922 million in Q4 2025 from SEK 1,050 million in Q4 2024, impacted by lower operational cash flow and increased acquisition costs.
04
Net debt reached SEK 6,125 million, resulting in a leverage ratio of 2.2x against adjusted pro-forma LTM EBITDA.
05
Margin expansion was primarily driven by the European market through a new franchise launch and the divestiture of Narrative, alongside growth in the MENA & APAC region.
06
The group has narrowed its strategic focus by reducing the number of key franchises to two in Europe, two in North America, and three in MENA & APAC.
Insights
01
Stillfront Group achieved a 27% adjusted EBITDAC margin in Q4 2025, an improvement from 25% in the prior year, despite a 9.4% decline in organic revenue to SEK 1,356 million.
02
The company has consolidated its three operating segments into a single structure to streamline reporting and operations across its global portfolio.
03
Free cash flow decreased to SEK 922 million in Q4 2025 from SEK 1,050 million in Q4 2024, impacted by lower operational cash flow and increased acquisition costs.
04
Net debt reached SEK 6,125 million, resulting in a leverage ratio of 2.2x against adjusted pro-forma LTM EBITDA.
05
Margin expansion was primarily driven by the European market through a new franchise launch and the divestiture of Narrative, alongside growth in the MENA & APAC region.
06
The group has narrowed its strategic focus by reducing the number of key franchises to two in Europe, two in North America, and three in MENA & APAC.