Premium Snacks Nordic (SNX) Q2 2025 earnings summary

Executive summary

• Achieved record organic growth of 24.4% in Q2 2025, with net sales reaching 142.1 MSEK, driven by strong product launches and central listings.

• EBITA nearly tripled year-over-year to 13.2 MSEK, with a margin of 9.3% (up from 4.1%).

• All three months in the quarter set new sales records, and profitability improved despite a challenging market.

• Strategic investments in automation and packaging efficiency supported growth and margin expansion.

Financial highlights

• Net sales increased 24.4% year-over-year to 142.1 MSEK in Q2; H1 sales up 20.2% to 264.8 MSEK.

• Gross margin improved to 42.2% (from 41.8%); EBITDA rose to 15.5 MSEK (from 7.6 MSEK).

• EBITA reached 13.2 MSEK (4.7 MSEK last year); net income after tax was 9.3 MSEK (2.9 MSEK).

• Earnings per share increased to 0.69 SEK (0.21 SEK); operating cash flow rose to 5.3 MSEK (3.4 MSEK).

• Equity strengthened to 82.5 MSEK (64.3 MSEK); ROCE doubled to 46.5% (20.0%).

Outlook and guidance

• Full-year 2025 net sales forecast raised to over 530 MSEK (previously >520 MSEK); EBITA margin guidance increased to >6.5% (from >6%).

• Strong start to Q3 and positive momentum expected to continue, with potential to exceed long-term targets.