Wall to Wall has reported a decline in revenue for the third quarter compared to the same period last year, with operating profit also falling.

Revenue dropped by 11.8 percent to SEK 181.7 million (206).

Adjusted EBITDA amounted to SEK 21.4 million (21.5), with an adjusted EBITDA margin of 11.8 percent (10.4).

Adjusted EBITA reached SEK 6.1 million (5.6).

Operating profit came in at SEK 3.6 million (23.6), with an operating margin of 2.0 percent (11.5), affected by non-recurring items of -0.5 million (-20.9), mainly from restructuring costs of -1.0 million (0.6).

Net profit after tax was -0.6 million (20.7).

Earnings per share amounted to -0.05 kronor (1.52).

In its outlook, the company stated:

"The market continues to stabilize, albeit gradually and with regional differences. The measures taken, combined with increased focus on the commercial side, will enable Wall to Wall Group to return to profitable growth. The fourth quarter is typically seasonally strong and is expected to be so again this year, while the full effect of the actions taken is expected to be seen over a longer perspective. Overall, a strong end to the year is anticipated, with an improved adjusted operating profit for the full year and a solid foundation for continued positive development."

CEO André Strömgren highlighted that this was the second consecutive quarter with improved profitability, driven by lower costs and better margins.

"Overall, a strong end to the year is anticipated, with an improved adjusted operating profit for the full year and a solid foundation for continued positive development," Strömgren wrote.
Wall to Wall, SEK million Q3-2025 Q3-2024 Change
Net revenue 181.7 206 -11.8%
Adjusted EBITDA 21.4 21.5 -0.5%
Adjusted EBITDA margin 11.8% 10.4%
Adjusted EBITA 6.1 5.6 8.9%
Adjusted EBITA margin 3.4% 2.7%
Operating profit 3.6 23.6 -84.7%
Operating margin 2.0% 11.5%
Net profit -0.6 20.7
Earnings per share, SEK -0.05 1.52