Record revenue and improved profitability, along with a strong positioning for the end of 2025, are the results of the first half of the year. During the second quarter of 2025, MastIT Group has demonstrated strong profitability and cash flow, with a positive revenue growth of 13% and an EBITA margin of 24%, marking an improvement compared to the previous year. Despite strong organic growth in the second quarter, the slow start to the year means the company reports a negative growth of -5% for the first half of the year, with an EBITA margin of 17%, which is in line with the company’s financial targets. Cash flow from operations amounted to SEK 41 million.

During the quarter, we continued to strengthen our position in mobile networks and indoor coverage through the delivery of larger, technically complex projects. Among these is the completion of the final installation phase of the new indoor network at the Avicii Arena – a technically advanced project that enables Stockholm Live to offer full coverage for all Swedish mobile operators at the arena. We have also intensified our efforts within the government sector, where deepened dialogues may lead to multi-year contracts that broaden the revenue base and provide stable cash flow over time.

MastIT Group enters the second half of the year with a strong project pipeline, enhanced liquidity, and a clear plan to drive both growth and margin improvements. Our operational efficiency and ability to deliver projects on time and with high quality provide us with a competitive edge. We see good opportunities to capitalize on trends such as increased demand for indoor coverage and modernization of mobile networks and infrastructure. The need for expansion remains high among our customers but is hampered by slow permitting processes. The company’s order intake is at a stable level for the period, and a solid order backlog gives the company good prospects to achieve its goals for 2025.

During the 2025 period, the group has had a workforce equivalent to 82 FTEs, which includes various specialists and installers, both employees and external resources (contracted through subcontractors). Since the group operates in an industry with seasonal variations, the workforce has at times reached up to 100 resources, while the average number of directly employed staff at the company’s headquarters has been around 30 people throughout the 2025 period.

MastIT Group will focus on continued strong organic growth within the installation sector, while also combining this with acquisition-driven growth in similar installation areas and, in the long term, complementing the group’s operations in adjacent installation sectors. The installation industry in the Nordics is highly fragmented, consisting of a large number of installation companies with a commercial contract structure with operators and network owners, creating strong conditions for acquisitions and consolidations within the industry.

Please feel free to contact the company’s CEO, Michael Alex, for further information or discussions regarding future collaborations.