ARJO-BNasdaq StockholmHealth CareIFRS · SEK

Arjo

Arjob is a company that specializes in providing healthcare products and solutions, with a strong focus on patient handling equipment and related services. The company has demonstrated solid growth, particularly in the US and Canadian markets, driven by high demand for its innovative products like the Maxi Move 5 patient lifts. Arjob is committed to enhancing the quality of care for patients and improving operational efficiency for healthcare providers. The company is actively expanding its product segments and investing in research and development to meet changing customer needs.

Revenue11.0bn SEK
−2.6 %y/y
Operating profit (EBIT)893m SEK
+0.0 %y/y
EBIT margin8.1%
+0.2 ppy/y
Net income334m SEK
−32.9 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

0.02.55.07.510.012.5bn SEK2021: 9.1 bn SEK2021: EBIT 1.1 bn SEK20212022: 10.0 bn SEK2022: EBIT 0.69 bn SEK20222023: 11.0 bn SEK2023: EBIT 0.88 bn SEK20232024: 11.3 bn SEK2024: EBIT 0.89 bn SEK20242025: 11.0 bn SEK2025: EBIT 0.89 bn SEK2025TTM 2026: 10.9 bn SEKTTM 2026: EBIT 0.73 bn SEKTTM10.90.73
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Patient Handling Equipment40 %

Includes products like Maxi Move 5 for safe patient transfer.

Ceiling Lift Systems20 %

Installation and maintenance of ceiling lifts for patient mobility.

Medical Beds15 %

Supply of beds designed for medical and care facilities.

Emergency and Long-term Care Products15 %

Products for emergency and long-term patient care.

Rental and Service Solutions10 %

Rental and maintenance services for healthcare equipment.

Customers

Arjob's primary customers include public sector healthcare entities and private healthcare providers. The company serves a diverse range of clients, from hospitals and long-term care facilities to emergency care providers. A significant portion of revenue comes from sales to public sector entities, which are influenced by healthcare reimbursement systems. Arjob's products are often funded or subsidized by insurance companies in markets like the US, where reimbursement approval is crucial for sales success. The company focuses on highlighting the clinical and financial benefits of its solutions to reduce dependency on public funding.

Public Sector Healthcare

Buys equipment for hospitals and care facilities, influenced by reimbursement systems.

Private Healthcare Providers

Purchase equipment to enhance patient care and operational efficiency.

Insurance Companies

Fund products under reimbursement systems, crucial for sales in markets like the US.

Strategy

Arjob's strategic priorities include enhancing cost efficiency and expanding its product offerings to meet changing customer needs. The company is focused on maintaining high demand for its products, particularly in North America, and leveraging growth opportunities in emerging markets. Arjob is also committed to improving its gross margin through favorable geographical mix effects and price adjustments. The company is actively investing in research and development to drive innovation and strengthen its competitive position in the healthcare industry.

Enhancing Cost EfficiencyShort term

To improve profitability and offset higher costs.

Expanding Product OfferingsMedium term

To meet changing customer needs and drive growth.

Leveraging Growth in Emerging MarketsLong term

To capture new market opportunities and increase revenue.

Geography

Arjob has a strong geographic presence in North America, with the US and Canada being key growth drivers. The company also operates in major European markets such as Germany, the Netherlands, and France, although there is some uncertainty regarding healthcare financing in certain regions. Arjob's strategic focus includes expanding its market share in emerging markets like India, which has become one of its top-ten largest markets. The company's operations are influenced by regional healthcare policies and reimbursement systems, which impact sales and profitability.

Risks

Arjob faces several business and financial risks, including dependency on healthcare reimbursement systems and potential changes in public funding policies. The company is exposed to currency fluctuations and tariffs, which can impact profitability. Regulatory compliance is crucial, as the healthcare market is highly regulated, and any non-compliance could affect operations. Arjob also faces risks related to supply chain disruptions and sustainability concerns, which could impact production and delivery. The company actively manages these risks through strategic initiatives and continuous monitoring.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Healthcare Reimbursement Systems1Currency Fluctuations2Regulatory Compliance3Supply Chain Disruptions4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Healthcare Reimbursement SystemsImpact: CriticalLikelihood: Low

    Changes in policies could affect sales and funding.

  2. Currency FluctuationsImpact: HighLikelihood: Low

    Impacts profitability due to exchange rate changes.

  3. Regulatory ComplianceImpact: HighLikelihood: Low

    Non-compliance could affect operations and product approvals.

  4. Supply Chain DisruptionsImpact: MediumLikelihood: Medium

    Could lead to higher costs and delivery delays.

Accounting

Judgemental items
Revenue Recognition

Timing affects financial results in reimbursement-dependent markets.

Currency Effects

Fluctuations impact profitability and require hedging.

Fair Value Measurements

Affects valuations of financial assets and liabilities.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Arjo (ARJO-B) Revenue, Earnings & Financials 2025 – Clarifo