Scandbook (SBOK) Q3 2025 earnings summary

Executive 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.