Denmark · Delayed Price · Currency is DKK Nilfisk Holding Earnings Call Transcripts
Fiscal Year 2025
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Q3 2025 saw 2.1% organic growth and EUR 238.7 million revenue, with margin pressure from tariffs offset by cost reductions and efficiency gains. Divestment and restructuring led to significant special items, while guidance for 2025 organic growth is narrowed to 1% and EBITDA margin held at 13-14%.
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Q2 2025 saw €269M revenue with -1.1% organic growth, strong specialty business, and ongoing cost reductions. Guidance for 1%-3% organic growth and 13.4% EBITDA margin is reiterated, with tariff impacts expected to be offset by pricing and supply chain actions.
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Q1 2025 saw negative organic growth due to weak Americas performance, but EMEA and APAC delivered strong results. EBITDA margin declined to 12.2% as overhead costs rose, but gross margin improved. 2025 guidance is maintained, with cost reductions and supply chain flexibility expected to offset tariff risks.
Fiscal Year 2024
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Revenue grew 1.2% to EUR 1,028 million in 2024, with strong EMEA and Consumer performance offset by declines in the Americas and APAC. 2025 guidance targets 1%-3% organic growth and 13%-14% EBITDA margin, with cost savings and new product launches prioritized.
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Q3 2024 saw negative organic growth, mainly due to weak Americas and APAC performance, but strong gains in EMEA, specialty, and consumer segments. Gross margin improved, but 2026 financial targets were removed due to underperformance. Americas demand and hurricane impacts remain key risks.
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Q2 2024 delivered solid results with revenue up 0.7% and EBITDA margin rising to 14.1%. Strong consumer growth and improved gross margin offset muted Americas and APAC demand. Full-year guidance is maintained, with H2 growth expected from new products.