Norditek Group (NOTEK) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2024/25 increased by 7.7% year-over-year to 22,954 TSEK, with EBITA margin at 16.0% and EBIT margin at 11.6%.

• Nine-month revenue rose 60% year-over-year to 81,790 TSEK, with EBITA margin at 22.0% and EBIT margin at 18.3%.

• Order intake remains strong, and sales activity is high, supported by the Norditektrappan sales process.

• Major acquisition of TePa Slitdelar AB and a directed share issue to Eiffel Investment Group to support expansion.

Financial highlights

• Q3 EBITA was 3,683 TSEK (down from 5,460 TSEK year-over-year), EBIT was 2,655 TSEK (down from 4,433 TSEK).

• Q3 EBITDA margin was 16.4% (previous year 26.0%).

• Nine-month net income was 10,006 TSEK (up from 31 TSEK year-over-year).

• Earnings per share for Q3 were 0.11 SEK (0.18 SEK year-over-year); nine-month EPS was 0.79 SEK (0.00 SEK year-over-year).

• Net debt/EBITDA improved to 1.4x from 8.0x year-over-year; equity ratio increased to 55.1% from 50.2%.

Outlook and guidance

• No formal forecast provided; management expects continued order intake and high sales activity.

• Expansion into Europe is ongoing, with first product deliveries to France and new reseller in Belgium.