Business
Hexpol earnings drop on lower sales, negative currency effects
Hexpol earnings drop on lower sales, negative currency effects
About this update from Hexpol Ab Class B
Hexpol AB (Malmo, Sweden) reported a 17% year-over-year decline in third-quarter net profit, to 465 million Swedish kronor ($49.6 million), as per Chemweek.The company’s operating profit dropped 14%, to 688 million kronor, with an operating profit margin of 14.7%, down from 16.1% the prior-year period.“During the quarter we saw stable volumes within the group where the volumes in Europe grew slightly while those in North America decreased. The decreased sales within [the compounding business area] were mainly affected by currency and mix effects. The sales within [the engineered products business area] were stable and in total for the group we delivered good cash flow. This is particularly positive as uncertainty in the world remains high,” said Klas Dahlberg, president and CEO of Hexpol.The company’s sales amounted to 4.7 million kronor during the third quarter of 2025, down 6% compared with the corresponding quarter of the previous year. The sales were negatively affected by currency effects of 312 million kronor, while the company posted a negative organic sales development of 4%.“The geopolitical unrest in the world remains very high. At the same time, we have a strong business model, strong market positions and we show good resilience in a challenging external situation. We feel well equipped for the challenges and opportunities that lie ahead,” Dahlberg said.mrchub.com