Interim report - third quarter of 2025
Wednesday, Schouw & Co. released its interim report for the third quarter of
2025; Schouw & Co. delivered an overall strong Q3 2025 performance in an
environment marked by shifting uncertainties.
Highlights
* DKK 9.2bn revenue - a 4% decrease
* DKK 878m EBITDA - a 5% improvement
* DKK 894m cash flow from operations - a 23% decrease
* DKK 15.53 earnings per share - a 6% improvement
* 12.8% ROIC excluding goodwill - a 0.4 pp decrease
* Full-year revenue and EBITDA guidance narrowed towards the lower end of the
previous ranges.
Statement by Jens Bjerg Sørensen, President of Schouw & Co.
- The shifting uncertainties continued in the third quarter of 2025, but once
again the conglomerate's strength and diversified exposure proved its value.
Market headwinds in the quarter in BioMar's important Norwegian market is offset
by continued strong progress in HydraSpecma and Fibertex Personal Care, and the
consolidated profit in the quarter was in line with expectations. Investments
remain at a controlled level and cash flow generation is attractive.
In Schouw & Co., we have used the current uncertain environment to prepare for
a future characterised by volatility and challenges to global trade. We are
optimising our global footprint and securing a long-term competitive cost base.
This involves restructuring costs of almost DKK 100 million in 2025 but will
significantly strengthen our position and platform.
We continue investigating whether a potential separate listing of BioMar would
create value for the shareholders of Schouw & Co. and the process is progressing
as expected. A value-creating IPO of BioMar is a natural consequence of our
strategic approach to best-ownership and future-proofing and would leave Schouw
& Co. in a strong position with an even healthier balance sheet. We expect to
continue investing in our portfolio businesses and are also positive about the
potential of expanding the portfolio with a new platform investment.
Video conference call (in English) in relation to the interim report
* Wednesday, 12 November 2025 at 10:00 CET
Please attend via this link: www.schouw.com/cc (https://www.schouw.com/cc)
Aktieselskabet Schouw & Co.
Jørgen Dencker Wisborg, Chairman
Jens Bjerg Sørensen, President, tel. +45 8611 22 22