Hampiðjan (HAMP) Q4 2025 earnings summary

Executive summary

• Revenue increased to €359.7 million in 2025, up from €311.0 million year-over-year, driven by acquisitions and operational expansion.

• Net profit declined to €6.0 million from €14.0 million year-over-year, impacted by restructuring and discontinued operations.

• Major acquisitions included a 75.1% stake in Kohinoor Ropes Pvt. Ltd. in India and International Rope Braid in Australia, broadening market reach and operational efficiency.

• Significant restructuring included relocating production from Poland and Denmark to India, and consolidating aquaculture operations under the new Eldi brand.

Financial highlights

• EBITDA rose to €39.6 million from €37.6 million year-over-year.

• Gross margin improved to €96.7 million from €84.1 million year-over-year.

• Total assets reached €547.5 million at year-end, with equity at €270.3 million.

• Equity ratio stood at 49.4% at year-end.

• Dividend of 0.4 ISK per share proposed, totaling ISK 275 million.

Outlook and guidance

• Completion of new production facilities in India expected by late 2026, with full transfer of European production to India by 2027.

• Anticipated operational synergies and cost savings from restructuring and acquisitions.