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Veteranpoolen (VPAB) investor relations material
Veteranpoolen Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary18 Nov, 2025
Executive summary
Revenue for Q3 2025 reached 194,449 kkr, a 20.4% increase year-over-year, with strong growth in both corporate and private customer segments, especially in Handicraft, Care, and Home Help services.
Operating profit for Q3 2025 was 28,196 kkr, up 28% from the previous year, with a margin of 14.5%.
Net income for Q3 2025 was 22,454 kkr, with EPS before dilution at 1.12 kr and after dilution at 1.07 kr.
For the first nine months of 2025, revenue grew 14.1% to 494,959 kkr, and net income reached 44,014 kkr.
Financial highlights
Q3 2025 operating cash flow after working capital changes was 26,392 kkr; for the nine months, it was 38,896 kkr.
Liquidity at September 30, 2025, was 58,007 kkr, and equity was 61,852 kkr.
Soliditet (equity ratio) stood at 34.8% at the end of Q3 2025.
Outlook and guidance
The reversion of the temporary ROT tax deduction to 30% at year-end is expected to boost Handicraft job volumes in late 2025 but may dampen demand in early 2026.
Capacity constraints in Handicraft services limit the impact of demand fluctuations on total revenue.
Expansion in Denmark through Seniorstyrken AS is progressing, with plans to establish franchisees following strong Q3 growth.
Seniorstyrken AS: Franchise expansion impact?
ROT-avdrag change: Mitigating 2026 demand dip?
Underlying Q3 profit ex-international investments?
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Next Veteranpoolen earnings date
Q4 202521 Feb, 2026
Next Veteranpoolen earnings date
Q4 202521 Feb, 2026
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Frequently asked questions
Veteranpoolen AB operates as a staffing and recruitment company based in Sweden. The firm primarily provides a range of services to both private and business clients, including staffing for household chores, gardening, administrative tasks, manufacturing support, warehouse logistics, and property management. Veteranpoolen is known for its unique employment model which mainly involves hiring retirees, offering them various roles across different industries such as sales, customer service, office support, and industry operations. This approach not only helps in catering to the diverse needs of its clients but also aids in enhancing the quality of life for the elderly by keeping them active in the workforce. The company is headquartered in Gothenburg, Sweden, and its shares are listed on the Nordic Growth Market.
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