Grigeo (GRG1L) Q3 2025 earnings summary

Executive summary

• Revenue rose by EUR 14.9 million (9%) year-over-year to EUR 173.0 million for the 9 months of 2025.

• EBITDA increased by EUR 1.0 million (4%) to EUR 24.7 million, while profit before tax (EBT) decreased by EUR 1.2 million (7%) to EUR 15.4 million.

Financial highlights

• Net profit for the period was EUR 13.9 million, down slightly from EUR 14.1 million year-over-year.

• Gross margin declined to 21.0% from 22.6% year-over-year.

• Earnings per share were EUR 0.105, compared to EUR 0.109 in the prior year.

• Operating cash flow increased to EUR 26.7 million from EUR 14.4 million year-over-year.

Outlook and guidance

• Management notes ongoing uncertainty due to the war in Ukraine, particularly regarding the Ukrainian subsidiary Mena Pak AT.

• No significant changes in risk management or financial risk factors during 2025.