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Investor Relations14 Oct 2025
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MatvareExpressen (MVE) investor relations material
MatvareExpressen Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary14 Aug, 2025
Executive summary
Achieved record pre-tax quarterly result, with strong organic growth and customer base expansion across all segments.
Opened a new branch in Vestfold, aiming for increased sales in Vestfold/Telemark.
Renewed a key contract in Agder and secured a major new contract with Drammen Kommune, starting autumn 2025.
Targeting nearly NOK 500 million in revenue for 2025, with EBITDA for H1 2025 matching full-year 2024.
Financial highlights
Q2 2025 revenue: NOK 121.9m, up 18% year-over-year; EBITDA: NOK 9.0m, up 107%; pre-tax profit: NOK 3.9m, up 155%.
Bank deposits at NOK 25.8m; net interest-bearing debt at NOK 56.7m; equity ratio at 27.9%.
H1 2025 net income: NOK 6.0m, up from NOK 1.6m in H1 2024.
Outlook and guidance
Revenue goal for 2025 set at nearly NOK 500m, in line with strategic ambitions.
Continued customer and sales growth expected across all regions.
Anticipates negative pre-tax result in Q3 2025 due to seasonal activity drop, but overall 2025 pre-tax profit expected to improve over 2024.
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Next MatvareExpressen earnings date
Q3 20255 Nov, 2025
Next MatvareExpressen earnings date
Q3 20255 Nov, 2025
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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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