Plejd (PLEJD) Q3 2025 earnings summary

Executive summary

• Strong growth in both installations and revenue, with continued high demand and successful product launches driving development in Q3 2025.

• Operations are progressing according to plan, with robust organic growth and gradually improved profitability.

Financial highlights

• Net sales for Q3 2025 reached 215,349 tkr, up 40.6% year-over-year; for Jan–Sep 2025, net sales were 646,435 tkr, up 41.0%.

• Gross margin for Q3 was 52.6% (53.5% last year); for Jan–Sep, 52.1% (52.9%).

• EBITDA for Q3 was 68,005 tkr (31.6% margin); EBIT was 45,075 tkr (20.9% margin).

• Earnings per share before dilution for Q3 was 3.15 kr (1.82); for Jan–Sep, 10.50 kr (5.54).

• Cash flow from operations in Q3 was 53,612 tkr; cash and equivalents at period end were 95,315 tkr.

Outlook and guidance

• Cost-optimized downlight versions have entered production, with expected positive margin effects in the coming year.

• New production initiatives are underway, anticipated to contribute to gross profit over a longer time horizon.