Kopparbergs B Reports Modest EBITA Growth Amid Revenue Decline

Kopparbergs B, the Swedish‑based brewery listed on the Nordic Growth Market, announced its third‑quarter results for 2025 on 19 November. The company reported a slight increase in EBITA despite a 1.1 % drop in operating revenue, underscoring the resilience of its flagship cider portfolio and the strength of its established market positions.

Financial Highlights

MetricQ3 2025YoYComment
Operating Revenue (Net Turnover)643.9 million SEK–1.1 %Lower sales reflect seasonal softness and a modest decline in the UK market, the company’s largest export destination.
EBITA65.1 million SEK↑0.5 %The incremental gain is attributed to tighter cost control and a focus on high‑margin products.
Net Result (after tax)56.6 million SEK↑5 %Strong profitability margins support the company’s positive outlook.
Market Cap2.29 billion SEKThe market value continues to track the company’s solid earnings profile.

The price‑to‑earnings ratio of 25.8, based on current share price, reflects investors’ expectations of continued growth in the premium cider segment.

CEO Outlook

Peter Bronsman, Kopparbergs’ chief executive, highlighted the company’s “strong brands with large potential and stable market positions” in the third‑quarter earnings release. He noted that, despite global uncertainty, the brewery remains optimistic about its future prospects. Bronsman emphasized the importance of the United Kingdom market, where Kopparbergs continues to expand its cider range and deepen its presence.

Strategic Focus

Kopparbergs’ strategy for the remainder of 2025 hinges on three pillars:

  1. Product Innovation – Continued investment in new cider variants and limited‑edition releases to sustain consumer interest.
  2. Market Expansion – Strengthening distribution channels in the UK and exploring growth opportunities in other key export markets.
  3. Operational Efficiency – Leveraging economies of scale to maintain cost discipline and enhance EBITA margins.

Market Context

The brewery operates within a competitive landscape where premium cider brands are gaining traction. Kopparbergs’ ability to maintain stable market positions, even in the face of revenue headwinds, positions it well for long‑term growth. The company’s listing on the Nordic Growth Market provides access to capital markets that support its expansion initiatives.

Conclusion

Kopparbergs B’s latest financial disclosures illustrate a company that has successfully navigated a modest decline in revenue while improving operating profitability. With a clear focus on brand strength, market expansion, and cost control, the brewery is poised to sustain its momentum in the premium beverage sector.