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Verisure Group (VSURE) investor relations material
Verisure Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong Q3 operating and financial performance, with new installations up 5.2% year-on-year and ARR up 10.2% year-on-year.
Completed IPO on Nasdaq Stockholm, raising €3.1 billion and expanding shareholder base.
Closed acquisition in Mexico, adding 125,000 customers and entering the 18th national market.
Largest customer portfolio in 14 of 18 markets, with total customer base reaching 6 million, up 8.0% year-on-year.
Commitment to transparency, long-term value creation, and innovation as key differentiators.
Financial highlights
Q3 2025 revenue reached €933 million, up 9.9% year-over-year at constant currency.
Adjusted EBIT for Q3 was €250 million, up 17.1% year-over-year, with a margin of 26.8% (+165bps year-on-year).
Adjusted EBITDA for Q3 was €443 million, up 11.6% year-over-year, with a margin of 47.4%.
ARR at €3.292 billion, up 10.2% year-over-year.
Customer attrition remained low at 7.1% annualized in Q3.
Outlook and guidance
2025 ARR growth expected above 12% (over 10% organic, ~2% from Mexico acquisition).
Adjusted EBIT for 2025 guided at €940–950 million.
Medium-term guidance: ARR growth around 10% and EBIT margin progression toward 30%.
Net leverage guidance of 2.5–2.75x by end of 2026; ordinary dividends to start in H2 2026.
Guidance incorporates currency devaluation risks in LATAM.
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