Bulten AB Faces Financial Hit Amid Cyberattack Fallout and Market Pressures Bulten AB (SE:BULTEN), a global supplier of automotive fasteners, reported a significant downturn in its 2025 financial performance, driven by a combination of anti-dumping duties, restructuring costs, and the aftermath of a cyberattack on a major customer. Net sales for the year plummeted 13.1% to SEK 5,045 million, while operating earnings were halved, reflecting the compounded challenges. Despite the decline, the company maintained an adjusted operating margin of 4.2% and improved cash flow from operating activities to SEK 429 million, alongside a reduction in net debt. In response to the financial strain, Bulten’s board proposed suspending dividends for 2025 to prioritize balance-sheet resilience. However, signs of recovery emerged in the fourth quarter, with a slight rebound in order intake and improved operating profitability compared to the same period in 2024. Bulten’s struggles highlight the broader risks facing automotive suppliers, particularly those dependent on large OEM customers. The cyberattack on a key client underscored vulnerabilities in supply chain stability, while anti-dumping duties and restructuring costs further strained operations. Analysts currently rate Bulten stock as a Hold, with a SEK 51.00 price target, reflecting cautious sentiment amid ongoing market pressures. The company’s market cap stands at SEK 1.04 billion, with a technical sentiment signal leaning toward Sell.