Hampiðjan (HAMP) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2025, increased by 19.1% year-over-year to €277.6 million, with EBITDA up 15.1% to €33.0 million, but net profit declined to €6.2 million from €9.3 million the previous year.

• Acquisition of a 75.1% stake in Kohinoor Ropes Pvt. Ltd. in India was completed, expanding production capacity and market reach, with integration expected to drive operational efficiencies.

• Production units in Poland (Poldan) and Denmark (Mørenot Denmark) were closed, with activities shifted to India as part of restructuring and cost optimization.

Financial highlights

• Revenue for the period was €277.6 million, up from €233.2 million year-over-year.

• EBITDA reached €33.0 million, up from €28.7 million, while net profit fell to €6.2 million from €9.3 million.

• Basic EPS from continuing operations was 1.35 euro cents, down from 1.48 euro cents.

• Total assets increased to €541.3 million from €509.5 million at year-end 2024.

• Equity at period-end was €269.7 million.

Outlook and guidance

• Integration of Kohinoor Ropes is expected to enhance efficiency and open new markets, particularly in Asia, the Middle East, and Chile.

• Production relocation to India is anticipated to reduce costs and improve competitiveness.