Saga Pure bounces back with strong Q3 net profit, year-to-date income

Saga Pure ASA announced a net profit of NOK 45.9 million for the third quarter of 2025, contributing to a year-to-date income of NOK 21 million and a return on equity of 2.2 percent. This strong performance marks a significant shift from a year-to-date loss at the end of the second quarter, primarily due to a net gain of NOK 47.1 million on financial investments during the quarter. Operating revenues for the quarter stood at NOK 50.035 million, with operating expenses of NOK 4.116 million.

At the end of the third quarter, Saga Pure's non-current investments totaled NOK 620.4 million, a slight decrease from NOK 620.6 million at the end of the second quarter. Current investments saw a substantial increase, rising from NOK 37.2 million to NOK 370.4 million. The company reported a cash holding of NOK 87.9 million.

The average number of outstanding shares during the quarter was 512,269,727, with 574,878,423 shares outstanding at period end. The largest shareholder, Tycoon Industrier AS, holds 35.87% of the total shares. Saga Pure continues to evaluate long-term investments in controlling stakes in commercial and/or industrial businesses.