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Gullberg & Jansson (GJAB) investor relations material

Gullberg & Jansson Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary7 Nov, 2025

Executive summary

  • Net sales for Q3 2025 increased by 27% year-over-year to 60.1 MSEK, with EBITA at -2.0 MSEK and net profit after tax at 3.2 MSEK, a significant turnaround from -5.7 MSEK last year.

  • For January–September 2025, net sales rose 3% to 203.6 MSEK, EBITA was 1.5 MSEK, and net profit after tax was 3.6 MSEK, compared to -7.1 MSEK the previous year.

  • Major non-cash items in Q3 included a -17.4 MSEK goodwill impairment related to the Nomaco acquisition and a 23.2 MSEK positive revaluation of the associated options liability.

Financial highlights

  • Q3 gross margin remained stable at 26%.

  • Cash flow from operations for Jan–Sep was 19.3 MSEK, with total cash at period end of 35.9 MSEK.

  • Equity at period end was 128.1 MSEK, with a solidity of 55%.

  • Earnings per share for Q3 were 0.37 SEK (vs. -0.59 SEK), and for Jan–Sep 0.44 SEK (vs. -0.54 SEK).

Outlook and guidance

  • The company is focused on long-term profitable growth, both organically and via acquisitions.

  • No full-year earnings guidance is provided for 2025.

  • Strategic focus remains on strengthening market position and developing climate-smart products.

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Frequently asked questions

Gullberg & Jansson based in Stockholm, Sweden offers products for use in the green space, swimming pool and relaxation. Gullberg & Jansson have served both professional and retail customers since the company was founded back in 1967. The company have a long tradition of excellent service and products with high user value.

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