Gullberg & Jansson reports increased revenue in the fourth quarter compared with the same period a year earlier. The operating loss increased. The board proposes no dividend. Revenue rose to 66.8 million SEK (45.6). Organic sales growth was 46 percent (-21). The EBITA result was -6.2 million SEK (-6.2). The operating result was -15.5 million SEK (-6.7). Result before tax was -11.7 million SEK (-5.6). Result after tax was -11.2 million SEK (-5.2). Earnings per share amounted to -1.28 SEK (-0.47). No ordinary dividend is proposed (0)."We enter 2026 with a more focused group and a simplified structure. The changes carried out during 2025 aim to reduce complexity, lower the cost base, and create better conditions for stable profitability and cash flow. Hem & Trädgård continues to streamline flows and strengthen communication with the end customer, while Park & Miljö enters the year with a new structure where the measures implemented are expected to gradually be reflected in the results. The winding down of Energi & Klimat at the same time means that the group is leaving a long-standing loss-making business area. In closing, I want to express my thanks to our employees for their professionalism and commitment during a period of change," writes CEO Peter Bäck. Gullberg & Jansson, SEK millionQ4-2025Q4-2024ChangeNet sales66.845.646.5%Organic sales growth, percent46-21EBITA-6.2-6.2Operating result-15.5-6.7Result before tax-11.7-5.6Net result-11.2-5.2Earnings per share, SEK-1.28-0.47Ordinary annual dividend per share, SEK00