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Hernö Gin
Hernö Gin (HERNO) investor relations material
Hernö Gin Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary28 Oct, 2025
Executive summary
Revenue for Q3 2025 reached 13.0 MSEK, up from 10.3 MSEK year-over-year, with pre-tax profit at 2.7 MSEK versus 0.0 MSEK last year, driven by direct distribution to Systembolaget and higher margins per bottle.
The company strengthened its market presence with targeted marketing, a new Brand Ambassador, and continued investment in customer engagement through the Hernö Gin Club.
Visitor operations saw strong growth, with Q3 revenue at 5.2 MSEK (up from 4.7 MSEK) and an 11% increase in distillery visits.
International recognition continued, winning Gin Producer of the Year at the International Spirits Challenge for the second consecutive year.
Financial highlights
Q3 net sales: 13.0 MSEK (up 26% year-over-year); YTD net sales: 34.6 MSEK (down from 39.4 MSEK YTD 2024).
Gin sales in Q3: 7.6 MSEK (up from 4.7 MSEK); visitor operations Q3: 5.2 MSEK (up from 4.7 MSEK).
Q3 pre-tax profit: 2.7 MSEK (0.0 MSEK last year); YTD pre-tax profit: 5.6 MSEK (7.4 MSEK YTD 2024).
EBITDA for Q3: 2.6 MSEK (0.2 MSEK last year); YTD EBITDA: 5.5 MSEK (8.4 MSEK YTD 2024).
Number of bottles sold in Q3: 58,415 (up from 44,078); YTD: 165,657 (down from 220,806 YTD 2024).
Outlook and guidance
The company is preparing to capture market share in a cooling Swedish spirits market through enhanced marketing and new experiences.
Continued focus on export market growth, balancing resources between Sweden and selected international markets.
New bar opening in Gothenburg and further development of the Hernö Gin Club expected to drive engagement.
How to counter declining spirits consumption?
Explain YTD sales decline despite Q3 growth.
How will visitor experiences drive future growth?
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Next Hernö Gin earnings date
Q4 202526 Feb, 2026
Hernö Gin
Next Hernö Gin earnings date
Q4 202526 Feb, 2026
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Frequently asked questions
Hernö Gin AB is a Swedish distillery specializing in the production of craft gin. Established in 2011, the company is known for being Sweden's first dedicated gin distillery and has gained recognition for its high-quality, organic products. Hernö Gin produces a range of gins, crafted using traditional methods and natural botanicals, which have earned numerous awards on the global stage. Hernö Gin AB is headquartered in Härnösand, Sweden, and its shares are listed on the Stockholm Stock Exchange.
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