)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Clavister (CLAV) investor relations material
Clavister Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Achieved record profitability with a 26% EBITDA margin, positive EBIT and net result, and a strong gross margin of 80%.
Net sales grew by 15% year-over-year in Q3 2025, with ARR up 9% and 16 consecutive quarters of growth.
Defence sector demand remains robust, highlighted by a 68 MSEK order from BAE Systems and a 98.5% year-over-year increase in defence net sales.
Expanded Arrow Electronics distribution agreement to 11 additional European countries, enhancing market reach.
Strong momentum in both civilian and defense sectors, with growing demand for European cybersecurity solutions.
Financial highlights
Q3 2025 net sales: 50.5 MSEK (up 15.3% year-over-year); gross profit: 41.0 MSEK (up 11.8%); adjusted EBITDA margin: 25.6%.
Order intake was SEK 31 million (31.4 MSEK), a 9% decline year-over-year due to timing effects in defense orders.
Net result for Q3: 0.3 MSEK, a turnaround from -5.1 MSEK in Q3 2024.
Cash position at quarter-end was SEK 40 million, with operations self-sustained at the operational level.
OpEx to sales ratio dropped to 72%, the lowest in company history, reflecting improved operating leverage.
Outlook and guidance
Full-year 2025 growth and EBIT targets withdrawn due to supply chain delays in military hardware, but underlying business remains robust.
Long-term ambition remains for industry-leading profitability and free cash flow; average annual sales growth target of at least 20% (CAGR) for 2025–2027.
New financial targets for 2026 and beyond will be set after fiscal year-end, once uncertainties subside.
EBITDA margin target range is 35%-40% in the medium term, balancing profitability and growth investments.
Assess supply chain mitigation effectiveness
Quantify EU digital sovereignty market gain
What is the recurring revenue profile of defence sales?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Clavister earnings date
Q4 202512 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Clavister Holding AB offers security gateways that protect mid-sized to large sized customers, a network security solution; and EndPoint Security, which protects computers from various types of malware, such as viruses, Trojans, and spyware. Its Security Gateway also has antimalware protection for Web surfers, as well as for traffic entering through emails and webmails. The company also provides its solutions through its partners to customers in the United States. Clavister Holding AB (publ.) was founded in 1977 and is based in Stockholm, Sweden.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage