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CirChem (CIRCHE) investor relations material
CirChem Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
2025 marked a strategically important year with operational challenges addressed, leading to more robust processes and stable production by year-end.
The year lacked the extraordinary one-time order that boosted 2024, reflecting recurring business and normalized results.
New closed-loop customer relationships and expanded partnerships in Norway and Germany strengthened the market position.
Financial highlights
Q4 2025 net sales: 2,184 tkr (6,427 tkr in Q4 2024); full-year 2025 net sales: 9,959 tkr (20,658 tkr in 2024).
Q4 2025 EBIT: -4,412 tkr (674 tkr in Q4 2024); full-year 2025 EBIT: -11,201 tkr (104 tkr in 2024).
Q4 2025 EPS: -0.12 SEK (0.01 SEK in Q4 2024); full-year 2025 EPS: -0.33 SEK (-0.04 SEK in 2024).
Cash flow for the year: 63 tkr; cash and equivalents at year-end: 13,647 tkr.
Outlook and guidance
Focus for 2026 is on achieving profitability through more commercial agreements, increased recurring volumes, and continued strategic positioning.
Short-term goal: positive cash flow and break-even at the Vargön facility.
Medium-term goal: 25,000 tons annual capacity, 15% EBITDA margin, and 250 MSEK revenue at full optimization.
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