Q3 2025 Cambi ASA Earnings Call Transcript

Nov 06, 2025 / 09:00AM GMT
Release Date Price: kr16.6 (-4.05%)

Key Points

Positve
  • Cambi ASA (FRA:3W7) reported a significant increase in order intake to NOK422 million, driven by a major contract win and the acquisition of CNP Cycles.
  • The company declared an additional dividend of NOK0.45 per share, reflecting a positive operating cash flow and strong financial performance.
  • Cambi's new energy-efficient model E thermal hydrolysis system is operational, offering 30% lower energy consumption than conventional systems.
  • The acquisition of CNP Cycles enhances Cambi's position in Germany and expands its growth potential in Europe.
  • Cambi maintains a robust balance sheet with no debt, supporting its financial stability and future growth initiatives.
Negative
  • Revenue for the quarter decreased to NOK257 million from NOK277 million in the same period last year.
  • EBITDA fell by 39% to NOK42 million compared to the previous year, indicating a decline in profitability.
  • The gross margin decreased to 49% from 57% last year, impacted by currency movements and revenue mix.
  • Bulk soil sales in Gronn Vekst were 18% below last year's record, reflecting challenges in this segment.
  • The Be'er Sheva project in Israel remains on hold, with no expected progress until 2028, affecting future project visibility.
Dragos Talvescu
Cambi ASA - Director of Corporate Relations

Good morning, and welcome to Cambi's third quarter 2025 results webcast. I'm Dragos Talvescu, Senior Corporate Relations Manager. To make our communication clearer and more efficient, Cambi has starting with this quarter, combined the report and presentation into a single document.

During the upcoming half hour or so, our CEO, Per Lillebo; and CFO, Mats Tristan Tjemsland, will share key highlights from the quarter, including operational achievements, financial performance and recent developments. After their remarks, we will take questions. You can submit these at any time by scanning the QR code displayed on your screen.

We aim to address all questions before the session closes. Please note that today's presentation may include forward-looking statements based on current expectations and assumptions. Actual outcomes may differ due to risks and uncertainties.

With that, I'm pleased to hand over to Cambi's CEO, Per Lillebo.

Per Lillebo
Cambi ASA - Chairman pf the Board

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