

Results for the Fourth Quarter and Full Year 2025
Record Sales and Strong Profit Growth in Q4 and Full Year
The company delivered record sales in both the fourth quarter and full year, with revenue increasing 20.6% in Q4 to MNOK 182.3 and24.4% for the year to MNOK 699.8.
Currency-neutral sales of own products grew 25.0% in the quarter and 28.3% for the full year, demonstrating continued strong underlying demand.
Regional performance in Q4 was led by AMERICAS (+44.3%) and EMEA (+25.5%) while APAC declined 23.6% in the quarter but remains up 41.2 % year to date. Scandinavia distributor sales increased 2.2% in the quarter.
Profitability improved significantly, with EBIT growing 64%in Q4 to MNOK 42.3 (23.2% EBITmargin).
For the full year, AMERICAS grew 36 %, APAC region at 41 %, EMEA at 8 % while the 3rd party sale grew 13 %. EBIT increased 50% to MNOK 196.2, resulting in a strong 28.0% margin.
Read the full result and presentation here: Q4-2025 Results

