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Systembolaget (SB) investor relations material
Systembolaget has been private
Systembolaget Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Stable operations and high customer satisfaction marked the quarter, with a continued focus on responsible sales and digital transformation initiatives.
The next phase of making the full product range available online began, aiming for a seamless omnichannel experience.
Customer Satisfaction Index (NKI) increased to 81.8 from 80.2 year-over-year.
Financial highlights
Net sales for Q3 rose marginally by 0.1% to SEK 10,096 million compared to the same quarter last year.
Operating profit for Q3 was SEK 143 million, down from SEK 156 million, impacted by lower volumes and higher costs.
Net profit for Q3 was SEK 115 million, a decrease from SEK 149 million year-over-year.
For January–September, net sales fell 1.0% to SEK 28,529 million, and operating profit dropped to SEK 10 million from SEK 203 million.
Net profit for the nine-month period was SEK 13 million, down from SEK 222 million.
Outlook and guidance
Continued investment in digitalization and sustainability is expected, with a focus on enhancing customer experience and operational efficiency.
The company anticipates ongoing market challenges due to weak global growth and changing consumer behavior.
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Next Systembolaget earnings date
Q4 20256 Feb, 2026
Next Systembolaget earnings date
Q4 20256 Feb, 2026
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Frequently asked questions
Systembolaget is the government-owned chain of liquor stores in Sweden, operating as the country’s exclusive retailer of alcoholic beverages above 3.5% alcohol by volume, with a mandate to minimize alcohol-related problems by selling alcohol in a responsible manner, without profit motive. It offers a wide range of beer, wine, spirits, and other alcoholic beverages, sourced from both local and international producers. Through its retail outlets and an online store, Systembolaget provides consumer information on alcohol and health, aiming to promote responsible drinking. The organization also plays a significant role in supporting Swedish alcohol policy. Systembolaget's operations are regulated by Swedish law, which mandates its retail monopoly to prevent private sales of strong alcohol. The company is headquartered in Stockholm, Sweden, and as a state-owned entity, it is not listed on any stock exchange.
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