Norditek Group (NOTEK) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2024/25 reached 33,820 TSEK, up 266.8% year-over-year, with EBITA margin at 22.6% and EBIT margin at 19.5%.

• Six-month revenue totaled 58,836 TSEK, a 97.4% increase year-over-year, with EBITA margin at 24.4% and EBIT margin at 20.9%.

• Strong order intake, high utilization of machine inventory, and reduced cost base contributed to improved profitability.

• Cash flow stabilized, net debt/EBITDA at 1.2x, and all financial targets exceeded for the quarter.

Financial highlights

• Q2 EBITA: 7,627 TSEK (vs. -1,365 TSEK), EBIT: 6,599 TSEK (vs. -2,392 TSEK), EPS: 0.37 SEK (vs. -0.23 SEK).

• Six-month EBITA: 14,331 TSEK (vs. 1,756 TSEK), EBIT: 12,276 TSEK (vs. -299 TSEK), EPS: 0.68 SEK (vs. -0.18 SEK).

• Q2 operating cash flow: 4,623 TSEK (vs. -2,362 TSEK); six-month operating cash flow: -1,039 TSEK (vs. 2,685 TSEK).

• Equity at period end: 80,493 TSEK, equity ratio: 58.6%.

• Liquidity at period end: 2,814 TSEK, with 10,000 TSEK in unused credit lines.

Outlook and guidance

• Order intake remains strong, and management is confident in continued delivery of recycling systems.

• No formal forecasts provided; forward-looking statements are based on current management expectations.