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Selvita S.A. (SLV) investor relations material
Selvita S.A. Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Group commercial revenues increased by 12% year-over-year for Q1–Q3 2025, with EBITDA up 34% and organic EBITDA up 22% year-over-year, reflecting strong operational performance and effective cost optimization.
Operating revenues for the first three quarters of 2025 reached PLN 276.2 million, up 11% year-over-year, with commercial revenues rising 7% to PLN 255.0 million, driven by biotech and Big Pharma clients.
Adjusted EBITDA (excluding incentive program and one-off costs) increased 41% year-over-year to PLN 49.6 million, reflecting higher sales, improved performance from 2024 acquisitions, and optimization efforts.
Positive/neutral EBITDA from assets acquired in H1 2024, with intensified resource optimization and expected total savings of ~PLN 27m in 2026.
Net loss for the period, adjusted for the incentive program, was PLN -4.8 million.
Financial highlights
Q1–Q3 2025 commercial revenues reached PLN 270.6m, up 12% year-over-year; organic commercial revenues grew 7%.
EBITDA for Q1–Q3 2025 was PLN 46.9m, up 34% year-over-year, with a margin of 17%.
Adjusted EBITDA rose 41% year-over-year, with resource optimizations contributing to improved profitability.
Total assets as of September 30, 2025, were PLN 610.8 million, with equity at PLN 316.3 million.
Cash and equivalents stood at PLN 17.0 million at quarter-end, increasing to PLN 20.7 million by November 13, 2025.
Outlook and guidance
Backlog for 2025 increased by 8% year-over-year, with several contracts expected to be extended in December/January, which will be decisive for the 2026 outlook.
PLN 27m in savings expected in 2026 from ongoing cost optimization programs, including a 10% headcount reduction and site consolidation.
The company anticipates improved operating results in H2 2025 due to these measures.
Market uncertainty and volatility persist, leading to shorter contract periods.
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