Utenos Trikotazas (UTR1L) Q3 2025 earnings summary

Executive summary

• Group revenue for the 9 months ended 30 September 2025 was EUR 15.9 million, up 30.7% year-over-year; export sales comprised 80.7% of total sales.

• Loss before tax narrowed to EUR 1.407 million from EUR 3.219 million in the prior year; EBITDA turned positive at EUR 286 thousand, a EUR 2.265 million improvement.

• The largest segment, on-demand knitwear, grew 46.1% to EUR 13.3 million; private brands rose 19.3%, while functional-technical garments fell 36.1%.

• Subsidiary AB Šatrija entered bankruptcy proceedings in Q3 2025 due to unprofitable operations and liabilities exceeding assets.

Financial highlights

• Group net loss for the period was EUR 1.393 million, a 56.5% improvement year-over-year.

• Operating loss reduced to EUR 165 thousand from EUR 2.482 million; operating margin improved by 19.3 percentage points to -1.0%.

• EBITDA margin improved to 1.8% from -16.3% year-over-year.

• Cash and cash equivalents decreased to EUR 313 thousand from EUR 2.354 million at year-end 2024.

Outlook and guidance

• No explicit forward-looking guidance provided, but improved profitability and positive EBITDA signal operational recovery.