BRAVNasdaq StockholmIndustrialsIFRS · SEK

Bravida Holding

Bravida Holding AB is a Nordic leader in providing comprehensive technical solutions for buildings and facilities. The company specializes in electrical systems, heating, plumbing, ventilation, and other technical functions, ensuring seamless operation throughout the property life cycle. With a commitment to sustainability, Bravida plays a crucial role in the transition to a climate-neutral society by offering resource-efficient solutions. Headquartered in Sweden, Bravida operates across Sweden, Norway, Denmark, and Finland, maintaining a strong local presence to meet customer needs effectively.

Revenue28.2bn SEK
−4.9 %y/y
Operating profit (EBIT)1,668m SEK
+8.7 %y/y
EBIT margin5.9%
+0.7 ppy/y
Net income1,234m SEK
+15.9 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

0102030bn SEK2021: 21.9 bn SEK2021: EBIT 1.5 bn SEK20212022: 26.3 bn SEK2022: EBIT 1.7 bn SEK20222023: 29.4 bn SEK2023: EBIT 1.7 bn SEK20232024: 29.7 bn SEK2024: EBIT 1.5 bn SEK20242025: 28.2 bn SEK2025: EBIT 1.7 bn SEK2025TTM 2026: 22.0 bn SEKTTM 2026: EBIT 1.6 bn SEKTTM22.01.6
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Electrical Systems30 %

Installation and maintenance of electrical systems in buildings.

Heating and Plumbing25 %

Comprehensive heating and plumbing solutions for facilities.

Ventilation20 %

Provision and maintenance of ventilation systems.

Technical Consulting15 %

Consulting and design services for technical solutions.

Maintenance Services10 %

Regular maintenance and service to ensure operational efficiency.

Customers

Bravida serves a diverse range of customers across the Nordic region, including commercial property owners, industrial clients, and public sector entities. These customers rely on Bravida for its expertise in providing reliable and efficient technical solutions. The company's focus on sustainability and energy efficiency attracts clients looking to reduce their environmental impact. Bravida's local presence and comprehensive service offerings make it a preferred partner for long-term projects and maintenance contracts.

Commercial Property Owners

They purchase reliable technical solutions for building operations.

Industrial Clients

They require efficient system installations for operational needs.

Public Sector Entities

They seek sustainable infrastructure solutions.

Strategy

Bravida's strategy focuses on providing the best customer offering, ensuring efficient production, and fostering sustainable business operations. The company aims to grow profitably by selecting projects with healthy margins and investing in local branches. Bravida also pursues growth through acquisitions, aiming to be a leading market participant in its operating regions. The 'Bravida Way' business model emphasizes shared culture and common working methods to deliver consistent and high-quality services.

Best Customer OfferingMedium term

To ensure reliability and quality in service delivery.

Sustainable Business OperationsLong term

To support clients' sustainability goals and reduce environmental impact.

Profitable GrowthMedium term

To maintain financial stability and market leadership.

Geography

Q3/2025

Bravida operates extensively across the Nordic region, with a strong presence in Sweden, Norway, Denmark, and Finland. The company's local offices in 190 locations ensure proximity to customers, enabling efficient service delivery. Sweden remains a key market, contributing significantly to revenue, while Denmark and Norway have shown improved margins. Bravida's strategic focus on the Nordic region allows it to leverage regional expertise and maintain competitive advantage.

Sweden47 %
Denmark26 %
Norway19 %
Finland7.9 %

Share of the revenue the company reports by geography.

Risks

Bravida faces several risks, including changes in market conditions, financial concerns, and political decisions that affect demand for construction and investment. Operating risks involve tendering, price risks, and capacity utilization. The company is also exposed to financial risks such as currency, interest rate, and credit risks. Effective risk management processes are in place to mitigate these challenges, ensuring project profitability and financial stability.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Market Condition Changes1Operating Risks2Political Decisions3Financial Concerns4
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. Market Condition ChangesImpact: HighLikelihood: Medium

    Affect demand for construction and investment.

  2. Operating RisksImpact: HighLikelihood: Medium

    Related to tendering, pricing, and capacity utilization.

  3. Political DecisionsImpact: MediumLikelihood: Medium

    Influence construction and infrastructure projects.

  4. Financial ConcernsImpact: MediumLikelihood: Low

    Impact investment decisions and project funding.

Accounting

Judgemental items
Revenue Recognition

Critical for long-term project accounting.

Impact: Significant on financial reporting

Estimates and Provisions

Ensure accuracy in financial statements.

Impact: Material on reported earnings

Currency Fluctuations

Affect financial performance and reporting.

Impact: Moderate on financial results

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Bravida Holding (BRAV) Revenue, Earnings & Financials 2025 – Clarifo