FMM-BNasdaq StockholmIndustrialsIFRS · SEK

FM Mattsson B

FM Mattsson Group is a Swedish company specializing in the design, manufacturing, and sale of water taps and related products. The company operates under well-established brands such as FM Mattsson, Mora Armatur, Damixa, Hotbath, Aqualla, and Adamsez. With a vision to be the customer's first choice in bathrooms and kitchens, FM Mattsson serves markets across Europe, including Sweden, Norway, Denmark, Finland, Benelux, the UK, Germany, and Italy. The company is publicly listed on Nasdaq Stockholm and employs 565 people.

Revenue1,969m SEK
+4.7 %y/y
Operating profit (EBIT)188m SEK
+27.6 %y/y
EBIT margin9.5%
+1.7 ppy/y
Net income145m SEK
+42.2 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

05001,0001,5002,000m SEK2020: 1,537 m SEK2020: EBIT 197 m SEK20202021: 1,825 m SEK2021: EBIT 318 m SEK20212022: 1,926 m SEK2022: EBIT 257 m SEK20222023: 1,939 m SEK2023: EBIT 117 m SEK20232024: 1,881 m SEK2024: EBIT 147 m SEK20242025: 1,969 m SEK2025: EBIT 188 m SEK20251,969188
RevenueOperating profit (EBIT)

Business

Share of revenue
Water Taps and Faucets40 %

Includes a variety of taps and faucets for kitchens and bathrooms.

Bathroom Fixtures30 %

Comprises shower systems, mixers, and related accessories.

Kitchen Fixtures15 %

Includes kitchen taps and related products.

Eco-friendly Solutions10 %

Products designed to reduce water usage and environmental impact.

Custom Solutions5 %

Tailored plumbing solutions for specific customer needs.

Customers

FM Mattsson Group caters to a diverse customer base, including residential homeowners, professional renovators, and commercial property developers. The company's products are favored for their quality and innovation, making them a preferred choice in both new construction and renovation projects. Homeowners appreciate the eco-friendly and stylish designs, while professionals value the reliability and ease of installation. The company also serves international markets, leveraging its strong brand reputation to attract customers in various regions.

Residential Homeowners

Purchase stylish and eco-friendly bathroom and kitchen fixtures.

Professional Renovators

Require reliable and easy-to-install plumbing solutions.

Commercial Developers

Seek high-quality fixtures for new construction projects.

International Markets

Attracted by the brand's reputation and product quality.

Strategy

FM Mattsson Group's strategic priorities include achieving organic growth and maintaining a strong EBITA margin. The company aims to expand its market share by investing in product innovation and enhancing its distribution network. Additionally, FM Mattsson focuses on sustainability by developing eco-friendly products and reducing its environmental impact. The company also seeks to strengthen its financial position to support future investments and acquisitions.

Organic GrowthMedium term

To increase market share and revenue

SustainabilityLong term

To meet consumer demand and reduce environmental impact

Financial StrengthShort term

To support future investments and acquisitions

Geography

FM Mattsson Group has a strong presence in the Nordic region, with significant operations in Sweden, Norway, Denmark, and Finland. The company also has a growing international footprint, with subsidiaries in the Benelux, UK, Germany, and Italy. Manufacturing is primarily based in Mora, Sweden, which supports its European distribution network. The company's strategic focus on these regions allows it to leverage local market knowledge and maintain competitive advantages.

Risks

FM Mattsson Group faces several risks, including operational, strategic, and financial challenges. Key operational risks involve patent and product liability issues, as well as environmental concerns. Financial risks include exposure to currency fluctuations and raw material prices, particularly copper and zinc. The company mitigates these risks through financial hedging and strategic sourcing agreements. Additionally, FM Mattsson is affected by seasonal demand fluctuations, with higher sales typically in the first half of the year.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Raw Material Price Fluctuations1Currency Fluctuations3
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. Raw Material Price FluctuationsImpact: HighLikelihood: Medium

    Copper and zinc are key inputs for products

  2. Product LiabilityImpact: High

    Potential claims related to product defects

  3. Currency FluctuationsImpact: MediumLikelihood: Low

    International operations expose the company to exchange rate risks

Accounting

Judgemental items
Seasonal Fluctuations

Affects comparability of quarterly results

Impact: Revenue recognition and cost allocation

Revenue Recognition

Complexity in contracts with multiple deliverables

Impact: Timing and amount of revenue reported

Derivative Valuation

Hedging activities require accurate valuation

Impact: Financial statement accuracy

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026