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Nexam Chemical (NEXAM) investor relations material
Nexam Chemical Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Recycling segment sales nearly tripled year-over-year, reaching 23.4 MSEK, and Q4 recycling sales grew over 250% compared to the same quarter last year.
Full-year net sales were 192.2 MSEK, down 4% from 2024, with a stable gross margin of 47%.
EBITDA for the year was 3.4 MSEK, a significant decrease from 8.1 MSEK in 2024.
A fully guaranteed rights issue was announced, expected to raise at least 51.8 MSEK.
Financial highlights
Q4 net sales: 43.2 MSEK (down 11% year-over-year); full-year net sales: 192.2 MSEK (down 4%).
Q4 EBITDA: 0.1 MSEK (vs. 2.0 MSEK in Q4 2024); full-year EBITDA: 3.4 MSEK (vs. 8.1 MSEK in 2024).
Q4 gross margin: 47%; full-year gross margin stable at 47%.
Earnings per share for the year: SEK -0.19 (vs. -0.12 in 2024).
Cash flow from operations for the year: 11.3 MSEK (up from 7.4 MSEK in 2024).
Outlook and guidance
Targeting a doubling of recycling segment sales in 2026 compared to 2025.
High Temperature segment expected to normalize from Q1 2026 after a temporary dip in Q4 2025.
Continued focus on scaling the recycling business and maintaining operational stability.
- Scaling up recycling additives and maintaining strong margins, with growth expected ahead.NEXAM
ABGSC Investor Days11 Jan 2026 - Recycling segment drives rapid growth and profitability, supported by innovation and stable margins.NEXAM
ABGSC Investor Days5 Dec 2025 - Recycling sales up 250% year-over-year, driving growth with stable margins and strong cash flow.NEXAM
Q3 202517 Oct 2025 - Recycling sales up 71% sequentially, driving growth and stable margins despite weak lightweighting.NEXAM
Q2 202511 Jul 2025 - Gross margin hit 47% and EBITDA improved, with new orders and recycling growth supporting outlook.NEXAM
Q3 202413 Jun 2025 - Record EBITDA and margin growth signal a profitable turnaround in Q2 2024.NEXAM
Q2 202413 Jun 2025 - Record 48% gross margin and 50% recycling sales growth signal strong momentum ahead.NEXAM
Q1 20259 Jun 2025 - Record recycling sales and scalable innovation drive Nexam Chemical's strong 2025 outlook.NEXAM
ABGSC Investor Days6 Jun 2025 - Gross margin rose for the 8th straight quarter, supporting growth and financial stability.NEXAM
Q4 20245 Jun 2025
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