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GLX Holding
GLX Holding (GLX) investor relations material
GLX Holding has been private
GLX Holding Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary26 Feb, 2026
Executive summary
Achieved robust financial performance in FY 2025, with adjusted EBITA up 1.5% to NOK 680 million and margin improving to 15.3% year-over-year, driven by strategic execution, cost efficiencies, and operational initiatives.
Order intake grew 4.9% to a record NOK 4,694 million, supported by strong growth in Marine, Offshore & Wind (MOW), while Professional Building Solutions (PBS) maintained stable order intake and gained market share despite headwinds.
MOW segment drove growth with major contract deliveries in Defence & Security and Wind Energy, while PBS faced challenges in non-residential newbuilds.
Continued progress on sustainability, innovation, and digitalisation, focusing on connected lighting and smart solutions.
Financial highlights
FY 2025 adjusted total revenue was NOK 4,447 million, a 0.9% decrease year-over-year; Q4 2025 revenue was NOK 1,134 million, down 2.8% year-over-year.
Adjusted EBITA for FY 2025 increased by 1.5% to NOK 680 million; margin improved to 15.3% (up 0.4 pp).
Net cash flow from operating activities was NOK 497 million, down from NOK 691 million in 2024, mainly due to higher inventory levels.
Net profit for FY 2025 was NOK 151 million, up from NOK 83 million in 2024.
Order stock increased 14.4% to NOK 1,749 million.
Outlook and guidance
Market fundamentals remain positive, driven by energy savings, refurbishment activity, regulation, and smart lighting solutions.
External forecasts indicate a medium-term recovery in new non-residential construction, though timing is uncertain due to market volatility.
Long-term growth prospects supported by demand for energy-efficient smart lighting and investments in offshore energy, navy, and wind sectors.
Strategic focus on innovation, sustainability, and digitalization to drive future growth.
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Next GLX Holding earnings date
Q1 202615 May, 2026
GLX Holding
Next GLX Holding earnings date
Q1 202615 May, 2026
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Frequently asked questions
GLX Holding AS is a company active in the lighting industry.The company specializes in delivering comprehensive lighting solutions for both marine, offshore & wind sectors, and professional building applications, emphasizing sustainability and innovation in its offerings. These sectors benefit from Glamox's extensive range of lighting products designed to cater to the specific needs of commercial vessels, navy segments, and wind energy projects, as well as professional buildings seeking advanced LED and connected lighting technologies. The company is headquartered in Oslo, Norway, and its shares are listed on the Oslo Stock Exchange.
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