)

B3 Consulting Group (B3) investor relations material
B3 Consulting Group Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue grew 18.5% year-over-year in Q2 2025 to 315.6 MSEK, mainly driven by acquisitions in Poland and Norway, with organic growth at 3.2% including Poland but negative at -11.2% excluding acquisitions.
EBITDA increased to 19.3 MSEK (6.1% margin), with adjusted EBITDA margin at 7.1% after excluding one-off restructuring costs.
Profit after tax/net income declined to 2.6 MSEK from 5.5 MSEK year-over-year; EPS dropped to 0.04 SEK from 0.62 SEK.
Average number of co-workers rose to 976, up 30.1% year-over-year, mainly due to acquisitions.
Market uncertainty persists, with "Fit for Growth" cost savings program underway and strategic focus on AI, international expansion, and cost efficiency.
Financial highlights
Net sales for H1 2025 reached 639.3 MSEK, up 16.7% year-over-year.
EBITDA for H1 2025 was 43.3 MSEK (6.8% margin), up 48.8% year-over-year.
Operating profit (EBIT) for Q2 2025 was 10.3 MSEK (3.3% margin), with adjusted EBIT margin at 4.2% after excluding 3.1 MSEK in one-time costs.
Cash flow from operating activities in Q2 was 20.1 MSEK; equity ratio improved to 29.2% (from 18.8%).
Net debt (excl. IFRS 16) rose to 167.1 MSEK, mainly due to bond issue and acquisition payments.
Outlook and guidance
Market outlook revised downward: consulting market growth forecast cut from +4.5% to +1.5% for 2025.
No formal forecast provided; focus on growth through recruitment, start-ups, and acquisitions.
Long-term targets: 1.5 billion SEK in annual revenue by end of 2025, 10% EBIT margin over time, net debt/EBITDA below 2.0x.
"Fit for Growth" cost savings program targets 25 MSEK annual savings, with full effect by Q4 2026.
Dividend policy: up to 50% of net income, but no dividend for 2024 to prioritize reinvestment.
Next B3 Consulting Group earnings date

Next B3 Consulting Group earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage