Scandbook (SBOK) Q3 2025 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2025 earnings summary
6 Nov, 2025Executive summary
Revenue for Q3 2025 increased by 5.7% year-over-year to 113.3 MSEK, with EBIT rising to 8.4 MSEK and net income to 7.1 MSEK.
For the nine months, revenue grew 11.9% to 339.3 MSEK, with EBIT at 22.2 MSEK and net income at 18.2 MSEK.
Acquisition of Danish printer Nörhaven Book completed in October, strengthening market position in Northern Europe and enabling expansion into Germany, the Netherlands, and the UK.
Financial highlights
Q3 EBITDA was 13.5 MSEK (up from 12.9 MSEK), EBIT 8.4 MSEK (up from 7.6 MSEK), and EPS 1.05 SEK (up from 0.97 SEK) year-over-year.
Nine-month EBITDA reached 38.1 MSEK (33.1 MSEK), EBIT 22.2 MSEK (17.2 MSEK), and EPS 2.70 SEK (2.07 SEK).
Operating cash flow for Q3 was -1.8 MSEK, with a period-end cash balance of 42.9 MSEK.
Investments in Q3 totaled 4.3 MSEK, and 8.4 MSEK for the nine months.
Dividend of 18.6 MSEK paid during the nine-month period.
Outlook and guidance
Acquisition of Nörhaven Book expected to enhance production capacity and support further geographic expansion.
Growth in all geographic segments confirms the effectiveness of the long-term market strategy.
Latest events from Scandbook
- Sales up 17%, EBITDA margin at 13.8%, and net income doubled after Nørhaven acquisition.SBOK
Q4 202520 Feb 2026 - Q2 sales up 11.5%, strong US/Germany growth, solid equity, and strategic French expansion.SBOK
Q2 202528 Aug 2025 - Q3 sales grew 11.7% year-over-year, but margins declined due to higher delivery costs.SBOK
Q3 202413 Jun 2025 - Q2 2024 delivered higher sales, improved margins, and strong export-driven growth.SBOK
Q2 202413 Jun 2025 - Q1 2025 saw 19% sales growth, margin expansion, and strong cash flow on high US/German demand.SBOK
Q1 20256 Jun 2025 - Strong Q4 boosts sales and EBITDA, but higher taxes reduce annual net income.SBOK
Q4 20245 Jun 2025