HAKI-BNasdaq StockholmIndustrialsIFRS · SEK

HAKI Safety B

HAKI Safety AB is a Swedish company specializing in providing comprehensive safety solutions for work zones, system scaffolds, and digital technical solutions. The company has transitioned from a conglomerate to a focused industrial group, offering a broad range of products designed to enhance safety and efficiency in challenging environments. Recent strategic acquisitions have expanded their product range and geographic reach, particularly in the aviation and train maintenance sectors. HAKI Safety continues to grow organically and through acquisitions, adapting to market demands and increasing its exposure to various industries and regions.

Revenue1,179m SEK
−0.8 %y/y
Operating profit (EBIT)19.0m SEK
−80.8 %y/y
EBIT margin1.6%
−6.7 ppy/y
Net income34.0m SEK
−17.1 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

02505007501,0001,250m SEK2021: 863 m SEK2021: EBIT 70 m SEK20212022: 1,168 m SEK2022: EBIT 102 m SEK20222023: 1,188 m SEK2023: EBIT 99 m SEK20232024: 1,188 m SEK2024: EBIT 99 m SEK20242025: 1,179 m SEK2025: EBIT 19 m SEK2025TTM 2026: 1,241 m SEKTTM 2026: EBIT 78 m SEKTTM1,24178
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Work Zone Safety30 %

Includes catchfans, barrier systems, and fall protection

System Scaffolds25 %

Comprises system and frame scaffolding, weather protection

Digital Solutions20 %

Involves surveying instruments and digital design tools

Maintenance Platforms15 %

Access platforms for aircraft and train maintenance

Precision Equipment10 %

High-tech equipment for cadastral and mapping

Customers

HAKI Safety serves a diverse range of customers across various industries, primarily focusing on those requiring robust safety solutions. Key customer segments include construction companies, industrial firms, and infrastructure developers seeking reliable work zone safety and scaffolding solutions. The recent acquisition of Semmco has expanded their customer base to include international aviation and train companies, highlighting their strategic move into transportation maintenance. Additionally, the acquisition of Trimtec has strengthened their presence in the precision equipment market, catering to customers involved in cadastral and mapping activities.

Construction and Industrial Firms

Purchase safety and scaffolding solutions for temporary workplaces

Aviation and Train Companies

Acquire maintenance platforms and steps for safe operations

Mapping and Cadastral Services

Use precision equipment for surveying and mapping

Strategy

HAKI Safety's strategic priorities focus on expanding their product range and geographic reach through acquisitions and organic growth. The company aims to enhance its market position in the work zone safety and maintenance platform sectors by integrating acquired businesses like Semmco and Trimtec. They are also committed to improving operational efficiency and increasing their digital solutions offering. These strategies are designed to strengthen their competitive position, diversify their customer base, and drive long-term sustainable growth.

Product Range ExpansionMedium term

To capture new market segments and enhance offerings

Geographic DiversificationLong term

To mitigate regional risks and tap into new markets

Operational EfficiencyShort term

To improve margins and competitiveness

Geography

HAKI Safety has a strong presence in the Nordic region, with significant operations in Sweden, Denmark, and Norway. The company has expanded its geographic footprint through strategic acquisitions, notably in the UK and the USA, enhancing its exposure to the aviation and train maintenance markets. The acquisition of Trimtec further solidifies its position in Sweden, with additional sales offices across the country. This geographic diversification helps mitigate risks associated with market fluctuations in individual regions and supports the company's growth strategy.

Risks

Key risks for HAKI Safety include market volatility in the construction and industrial sectors, which can impact demand for safety solutions. The integration of acquired companies poses operational and financial challenges, particularly in maintaining consistent quality and service levels. Currency fluctuations and geopolitical uncertainties, especially in regions like the UK and USA, can affect financial performance. Additionally, the company faces industry-specific risks such as regulatory changes in safety standards and technological advancements that may require continuous innovation.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Market Volatility1Geopolitical Uncertainties2Integration Challenges3
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 VolatilityImpact: HighLikelihood: High

    Fluctuations in demand for safety solutions

  2. Geopolitical UncertaintiesImpact: HighLikelihood: Medium

    Potential disruptions in key markets

  3. Integration ChallengesImpact: MediumLikelihood: Medium

    Operational and financial risks in acquisitions

  4. Currency FluctuationsImpact: Medium

    Impact on financial performance due to exchange rates

Accounting

Judgemental items
Revenue Recognition

Ensures consistency with IFRS standards

Goodwill and Intangible Assets

Impact of acquisitions on financial statements

Currency Fluctuations

Affects reported financial performance

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

HAKI Safety B (HAKI-B) Revenue, Earnings & Financials 2025 – Clarifo