Norbit Asa (NBITF) Q3 2025 Earnings Call

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WEBVTT 00:00:01.702 -- 00:00:07.067 Good morning and welcome to the presentation on Norbit's third quarter 00:00:07.067 -- 00:00:08.489 results. 00:00:08.489 -- 00:00:13.734 It's a privilege to be allowed to present the result of what our dedicated 00:00:13.734 -- 00:00:18.739 colleagues has achieved. As you will see, after the first nine 00:00:18.739 -- 00:00:23.684 months of the year, we're delivering revenues at par with what we did for the full year 00:00:23.684 -- 00:00:27.588 last year and with nearly a doubling of the results. 00:00:27.588 -- 00:00:32.798 For us, this is encouraging and helps us to go 00:00:32.798 -- 00:00:39.572 to work every day and ensure that we deliver on the expectations our customers have. 00:00:39.572 -- 00:00:43.616 So then let's dive into the numbers. 00:00:44.463 -- 00:00:49.849 As you see, Q3, as always, 00:00:49.849 -- 00:00:54.153 is somewhat weaker than the other quarters. 00:00:54.153 -- 00:00:56.816 Still, Q3 2024 00:00:56.816 -- 00:01:01.901 is the best Q3 ever for Norbit. So we came in 00:01:01.901 -- 00:01:03.543 with revenues 00:01:03.543 -- 00:01:06.786 on 505 million NOX, 00:01:06.786 -- 00:01:09.827 which is 36% 00:01:10.470 -- 00:01:16.744 increase from last year. and with a margin of 15% 00:01:16.744 -- 00:01:21.209 giving 75 million NOX in EBIT 00:01:21.209 -- 00:01:27.195 and as I already said for the first nine months of the year 00:01:27.195 -- 00:01:33.021 we are delivering at par of what we did for the full year last year 1.7 00:01:33.021 -- 00:01:35.443 billion Norwegian kroner 00:01:35.443 -- 00:01:38.124 up 43% 00:01:38.466 -- 00:01:43.254 its growth in all three business segments with an EBIT 00:01:43.254 -- 00:01:48.450 of 377 million, which is 92% higher than what we had for 00:01:48.450 -- 00:01:51.439 th...