Restated figures according to the new organisation

Addtech has reorganized into six business areas effective Oct. 1, 2025 and has restated financials to the new structure for the past 10 quarters (covering fiscal years 2023/24, 2024/25 and the first two quarters of 2025/26) to ensure comparability; the restated figures are published on the group’s website and as an attachment to the release. Management says the new structure and added business units will better capture organic and acquisition-driven growth, and the first interim report under the new segmentation will be published Feb. 5, 2026. Addtech, listed on Nasdaq Stockholm, has about 4,500 employees across 150+ subsidiaries and annual sales of roughly SEK 22 billion, making the reporting change material for analysts tracking segment performance and M&A-driven growth prospects.

Analysis

Addtech implemented a reorganisation into six business areas effective October 1, 2025 and has published restated figures for the past 10 quarters covering fiscal years 2023/24, 2024/25 and the first two quarters of 2025/26; these restated figures are attached to the December 16, 2025 press release and available on the company website, with the first interim report under the new structure scheduled for February 5, 2026. Management states the reorganisation adds business units and strengthens company clusters to more effectively capture organic and acquisition-driven growth.

The change is material for analysts given Addtech’s scale — about 4,500 employees, 150+ subsidiaries and roughly SEK 22 billion of annual sales — because segment-level revenue and margin comparability will shift and drive near-term model revisions. The restated ten-quarter series should allow investors to re-evaluate underlying organic trends and the effect of acquisitions on reported growth.

Restating historical data improves transparency but creates short-term uncertainty as markets and models adjust; the provided sentiment signal is mildly positive with a market impact score of 0.25, indicating modest favorable reception rather than a clear re-rating catalyst. Investors should focus on the Feb 5 interim report and subsequent disclosures for detail on segment profitability, allocation of corporate costs, acquisition pipeline and any changes in accounting or goodwill treatment to distinguish genuine operational improvement from reclassification effects.

Key Decisions for Investors

• Download and re-run models using Addtech's restated 10-quarter dataset to isolate organic revenue and margin trends at the new business-area level ahead of the February 5, 2026 interim report
• Monitor the February 5 interim report for segment profitability, corporate cost allocation, acquisition pipeline details and any goodwill/impairment disclosures before materially changing position size
• Maintain size discipline and consider short-term hedges for volatility around the re-reporting, and only selectively add to exposure if restated trends demonstrate clear organic growth or sustainable margin expansion