AGES Industri (AGES) Q3 2025 earnings summary

Executive summary

• Divestment of the Unnaryd die-casting business on April 1, 2025, refocused operations on core areas, with all figures unless otherwise stated reflecting continuing operations.

• Q3 2025 saw 3% year-over-year revenue growth to 181 MSEK, but a negative operating result due to a one-time CEO severance cost.

• Nine-month revenue declined 3% year-over-year to 651 MSEK, mainly due to a weak Q1 amid global trade uncertainty.

Financial highlights

• Q3 2025 net sales: 181 MSEK (176 MSEK in Q3 2024), operating result: -1 MSEK (5 MSEK), operating margin: -0.4% (2.8%).

• Nine-month net sales: 651 MSEK (669 MSEK), operating result: 29 MSEK (52 MSEK), operating margin: 4.5% (7.8%).

• EPS for continuing operations: -0.29 SEK in Q3 (0.41 SEK), 2.45 SEK YTD (5.56 SEK).

• Cash flow from operations: 84 MSEK (82 MSEK YTD 2024).

Outlook and guidance

• Market uncertainty from earlier in the year has stabilized, with a cautiously positive trend and a slightly higher order backlog than the previous year.

• Growth expected in agriculture, while material handling is more subdued; automotive and industrial sectors are stable but sensitive to rapid changes.