Nordic Flanges Group (NFGAB) Q3 2025 earnings summary

Executive summary

• Achieved improved profitability and stability in Q3 2025, with all three factories enhancing performance despite lower sales year-over-year.

• Focused on refining product mix, strengthening the balance sheet, and optimizing capital use, resulting in better margins and results.

• Completed restructuring in Sweden and exited the US subsidiary, freeing resources for Nordic operations.

• CEO transition announced, with Frederik von Sterneck stepping down after eight years.

Financial highlights

• Net sales for Q3 2025 were 46.7 MSEK, down 10.7% from 52.3 MSEK in Q3 2024.

• EBITDA improved to 3.7 MSEK (8.0% margin) from -0.7 MSEK (-1.3%) year-over-year.

• EBIT was 2.0 MSEK (4.2% margin), up from -3.6 MSEK (-6.8%) in Q3 2024.

• Net income for the quarter was 0.3 MSEK, compared to -5.1 MSEK last year.

• Operating cash flow was 1.6 MSEK, up from -0.9 MSEK in Q3 2024.

Outlook and guidance

• Entering Q4 with increased confidence, supported by improved production, capital structure, and machinery.

• Continued focus on OEM customer relationships and internal efficiency to drive future growth.