Systembolaget (SB) Q3 2025 earnings summary

Executive summary

• Stable operations and high customer satisfaction marked the quarter, with a continued focus on responsible sales and digital transformation initiatives.

• The next phase of making the full product range available online began, aiming for a seamless omnichannel experience.

• Customer Satisfaction Index (NKI) increased to 81.8 from 80.2 year-over-year.

Financial highlights

• Net sales for Q3 rose marginally by 0.1% to SEK 10,096 million compared to the same quarter last year.

• Operating profit for Q3 was SEK 143 million, down from SEK 156 million, impacted by lower volumes and higher costs.

• Net profit for Q3 was SEK 115 million, a decrease from SEK 149 million year-over-year.

• For January–September, net sales fell 1.0% to SEK 28,529 million, and operating profit dropped to SEK 10 million from SEK 203 million.

• Net profit for the nine-month period was SEK 13 million, down from SEK 222 million.

Outlook and guidance

• Continued investment in digitalization and sustainability is expected, with a focus on enhancing customer experience and operational efficiency.

• The company anticipates ongoing market challenges due to weak global growth and changing consumer behavior.