Svedbergs Group (SVED) Q3 2025 earnings summary

Executive summary

• Achieved strong and profitable growth in Q3 2025, with all segments contributing to increased sales, gross margin, and EBITA, led by Roper Rhodes, Macro Design, and Thebalux in profitability improvements.

• Organic growth reached 7.1% in Q3, with net sales up 3.2% year-over-year to SEK 529 million, despite a negative currency impact.

• Certified as a Great Place to Work, highlighting a strong, inclusive corporate culture.

• Sustainability efforts advanced, including SBTI-approved Net Zero targets and increased use of renewable energy.

• The decentralized business model with autonomous brands continues to deliver robust results and positions the group for sustainable growth.

Financial highlights

• Q3 2025 net sales: SEK 529 million (up 3.2% year-over-year); YTD net sales: SEK 1,695 million (up 3.0%).

• Q3 EBITA: SEK 80 million, margin 15.1%; YTD EBITA margin also 15.1%.

• Gross margin in Q3 at 48.5%, reflecting strong cost control and operational efficiency.

• Free cash flow for Q3: SEK 86.1 million (up from -2.4 million last year); YTD free cash flow: SEK 209.2 million (up from SEK 51 million).

• Net income: SEK 48.7 million (up from SEK 27.9 million); EPS: SEK 2.87 (up from 2.31 YTD 2024).

Outlook and guidance

• Well-positioned for continued profitable and sustainable growth despite macroeconomic and geopolitical uncertainty.

• Solid organic growth expected to continue, supported by a robust business model and strong brand performance.

• Long-term demand for sustainable bathroom solutions remains strong.