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MatvareExpressen (MVE) investor relations material
MatvareExpressen Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Nov, 2025
Executive summary
Achieved Q3 2025 operating revenues of NOK 110 million, up from NOK 91 million in Q3 2024, with strong customer growth and new contract wins in Agder, Drammen, and Arendal.
Opened a new branch in Vestfold, aiming for increased sales in Vestfold/Telemark, and continued organic growth across all segments.
Targeting nearly NOK 500 million in 2025 revenues, with Q3 results supporting a realistic path to this goal.
Financial highlights
Total revenues for the first nine months of 2025 reached NOK 359.4 million, a 22% increase year-over-year.
EBITDA for the period was NOK 20.4 million, up 117% from the same period in 2024.
Pre-tax profit was NOK 5.4 million, a 1471% increase from the prior year period.
Gross margin in Q3 2025 was 28.6%, slightly down from 29.4% in Q3 2024, with seasonal effects expected to reverse in Q4.
Equity ratio increased to 27.2% as of Q3 2025, up from 26.4% at year-end 2024.
Outlook and guidance
Expects continued revenue growth and a positive pre-tax result in Q4 2025.
Preparing a new strategic plan for 2026–2028, with ambitions for further expansion.
AutoStore's impact on future growth
Equity ratio evolution with growth plans
Sustainability's role in competitive edge
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Next MatvareExpressen earnings date
Q4 202519 Feb, 2026
Next MatvareExpressen earnings date
Q4 202519 Feb, 2026
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Frequently asked questions
MatvareExpressen is a Norway-based company that provides home delivery services for groceries and meal kits. The company offers a wide selection of food products, including fresh produce, packaged goods, and prepared meals, through its online platform. It focuses on convenience and quality, catering to individual households and businesses seeking scheduled grocery deliveries. MatvareExpressen operates primarily within Norway. The company is headquartered in Oslo, Norway, and its shares are listed on the Euronext Growth Oslo.
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