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Elektroimportoren (ELIMP) investor relations material
Elektroimportoren 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 solid revenue growth and improved EBITDA year-over-year, driven by strong margin management, cost control, and B2B as the main driver in Norway, with both online and offline channels contributing in Sweden.
Growth recorded across all sales channels and customer segments, with physical stores and B2B sales as major contributors.
Swedish operations delivered strong sales and gross profit growth, supporting group EBITDA improvement.
Store visitor numbers, conversion rates, and average basket size all increased, despite challenging market conditions.
Opened a new store in Bergen in October, setting a record for opening day revenue, and signed a contract for a new store in Larvik to open in Q2 2026.
Financial highlights
Q3 revenue reached NOK 436 million, up 7.1% year-over-year; like-for-like growth was 3.6%.
Gross profit increased 6.4% to NOK 159 million; gross margin slightly decreased to 36.5% from 36.7%.
EBITDA rose to NOK 48 million from NOK 30 million; adjusted EBITDA was NOK 50 million, up from NOK 44 million; EBITDA margin improved to 11.1% from 7.4%.
Net profit was NOK 7 million, compared to NOK 33 million last year; adjusting for a NOK 44 million earnout provision last year, net profit improved by NOK 18 million in the quarter.
OPEX to sales ratio improved to 25.1% from 25.8% year-over-year.
Outlook and guidance
Continued double-digit sales growth into October, with positive trends in both Norway and Sweden.
Well prepared for the peak sales season, with improved campaign responses and B2C sales.
Ongoing exploration of new store locations in Norway and Sweden, with a new store in Larvik set to open in Q2 2026.
Elbutik's margin growth sustainable?
Norway B2B growth vs. margin impact?
Strategy for high-growth product categories?
Elbutik store expansion plans and profitability
Gross margin strategy with increasing B2B share
Asbestos recall: Preventative measures & impact
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Next Elektroimportoren earnings date
Q4 202512 Feb, 2026
Next Elektroimportoren earnings date
Q4 202512 Feb, 2026
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Frequently asked questions
Elektroimportoren provides wholesale and retail distribution of electrical goods. Products include: Toys, audio and video equipment, white goods, lighting etc. Elektroimportoren serves both wholesale and retail customers. Elektroimportoren was founded in 1994 and is based from Oslo, Norway.
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