Gabriel Holding (GABR) investor relations material

Executive summary

• Revenue from continuing operations grew by 3% year-over-year in Q3 to DKK 133.0 million, with growth in Europe and North America and stable sales in Asia.

• EBIT from continuing operations increased to DKK 34.6 million year-over-year.

• The European furniture production unit (FurnMaster) was sold to Leggett & Platt after the balance date, with a goodwill impairment of DKK 22 million recognized.

• The discontinued FurnMaster business saw a 31% revenue decline and a net loss after tax of DKK -39.6 million for the period.

• Growth in core markets was offset by challenging global textile market conditions, especially in Europe and Asia.

Financial highlights

• Group revenue for the first nine months from continuing operations was DKK 396.3 million, up from DKK 390.1 million year-over-year.

• EBITDA for continuing operations reached DKK 64.0 million for the nine-month period, up from DKK 61.7 million.

• Net profit from continuing operations for the nine months was DKK 25.6 million, compared to DKK 21.0 million last year.

• Cash flow from operating activities was DKK 53.6 million, down from DKK 85.5 million year-over-year.

• Total group revenue (including discontinued) was DKK 606.5 million, down from DKK 696.1 million.

Outlook and guidance

• Full-year revenue guidance for 2025/26 is DKK 528–532 million, with EBIT expected between DKK 44–46 million.

• Management expects continued growth in the core textile business, supported by increased investments in sales, marketing, and product development.