Fiskars Oyj Abp (0L9Q) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Fiskars Group's Q3 results webcast. My name is Essi Lipponen and I'm the Director of Investor Relations. I'm here with our President and CEO, Jyri Luomakoski, and our CFO, Jussi Siitonen. Hello. Here is our agenda for this webcast. Jyri will start with key takeaways of the quarter. After that, Jussi will walk us through the financials. And then back to Jyri for business area specific performance and guidance. After the presentation, we will have plenty of time for your questions. We will take questions both through the phone line and through the chat. You can type in your questions in the chat already during the presentation. Before diving deeper into Q3, I still wanted to highlight the news that we shared last week. Jyri Luomakoski has been appointed as the president and CEO of Viskard Corporation, following his interim role in the same position. But with this piece of information, I will hand over to you, Jyri. Thank you, Esther. It's a pleasure being here. If the numbers would be better, the pleasure would be even bigger. But let's go into the quarter. Key takeaways, some things went well and some clearly less good. And if we start with the positive ones, our net sales turned to growth and this was very much driven by several of our Vita brands, actually most of our Vita brands. And Vita grew in Q3 in the magnitude of 8%. The other positive thing is that we had actually a solid growth in the US. The market, which has been in some kind of a turmoil as a consequence of the tariffs, consumers becoming uncertain what's happening there. It seems that our value proposition to the consumers has been such that it's continued to appeal and we've had good development there. What didn't go well is certainly the decline of our comparable EBITDA in the qua...