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Visual21 Nov 2025
Data center suppliers
Byggma (BMA) investor relations material
Byggma Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary7 Nov, 2025
Executive summary
Achieved 6.9% sales growth in Q3 2025 compared to Q3 2024, with YTD sales up 10.9% to NOK 1,766.2 million, despite low newbuild market activity.
Maintains #1 market position in boards and beams in the Nordics, with growing international and UK presence.
Focused on product innovation, sustainability, and expanding high-margin product lines, with first-time CSRD reporting.
Significant growth in the UK market and improved performance in the Windows segment, particularly Uldal.
Demonstrated operational resilience and profitability despite historically low construction activity.
Financial highlights
Q3 2025 sales revenue: NOK 538m, up from NOK 503m in Q3 2024; YTD 2025 sales revenue: NOK 1,766m, up from NOK 1,593m YTD 2024.
Q3 2025 adjusted operating profit: NOK 40m (7.4% margin); YTD 2025 adjusted operating profit: NOK 110m, up from NOK 99m YTD 2024.
EBITDA for Q3 was NOK 61.8m, YTD EBITDA reached NOK 175.5m.
Net profit YTD 2025: NOK 174m, compared to a net loss of NOK 75m YTD 2024.
Net interest-bearing debt: NOK 1,432.7m as of 30 September 2025.
Outlook and guidance
Revenues from new products expected to increase in 2026, with a backlog of housing demand forming.
Growth initiatives include manufacturing efficiency, product innovation, M&A, and digitization.
Well-defined strategy to increase share of value-added products and expand internationally.
Positioned for future demand recovery and continued investment in efficiency and automation.
Cost increases in raw materials and intensified competition are pressuring margins, but price increases have been implemented.
How does Norske Skog stake shape strategy?
How does Byggma plan for market recovery?
Expected ROI from sustainability investments?
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Frequently asked questions
Byggma ASA is a Norwegian company that manufactures and distributes building materials across the Nordic region and internationally. Its product offerings include pre-painted wall and ceiling panels under the Huntonit brand, I-beams for wood-based buildings under the Masonite brand, and structural and particle boards through the Forestia brand. The company also provides doors and windows under the Uldal brand and lighting solutions through Aneta Lighting. Additionally, Byggma produces MDF panels for interior applications such as kitchens and bathrooms under the Smartpanel brand. The company is headquartered in Vennesla, Norway, and its shares are listed on the Oslo Stock Exchange.
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