Tempcon (TEMPCON) Q3 2025 earnings summary

Executive summary

• Achieved stable results in Q3 2025 despite no volume growth, with satisfactory profitability and cash flow performance.

• Grocery retail sector sales showed slight volume growth year-over-year, indicating easing inflationary pressures.

• Strategic initiatives included launching a unified Transport Management System and consolidating frozen storage operations.

• Continued transition to a higher share of externally sourced transport services, increasing operational flexibility.

Financial highlights

• Q3 2025 net sales were SEK 779.3 million, down 0.9% year-over-year after fuel surcharge adjustment.

• EBITDA excluding items affecting comparability was SEK 64.8 million (margin 8.3%), nearly flat year-over-year.

• Net profit for Q3 2025 was SEK 9.8 million, compared to SEK 13.5 million in Q3 2024.

• Cash flow from operating activities in Q3 was SEK 59.9 million, up from SEK 16.9 million in Q3 2024.

• Net investments in Q3 were SEK -24.3 million, mainly for new gas-powered vehicles.

Outlook and guidance

• Substantial adjustments in customer assignments and further outsourcing of haulage operations planned for Q4.

• Ongoing efficiency improvements and consolidation of operations expected to support profitability.