BEWI posts solid Q3 with increased sales, adjusted EBITDA

BEWI ASA recorded net sales of €202.9m in Q3 2025, a 6.0% increase from €191.5m in Q3 2024, with adjusted EBITDA rising 12% to €23.2m. This was primarily driven by strong food packaging performance and marks the fourth consecutive quarter of year-on-year topline growth for the company. The insulation and construction segment saw stable sales due to volume growth offset by lower prices, while packaging and components experienced high demand for fish boxes and significant growth in HVAC and automotive components.

The company is actively optimizing its cost base to enhance overall profitability. Key strategic initiatives in Q3 2025 included the merger of RAW with Unipol to strengthen raw materials and sharpen strategic focus. BEWI also secured long-term financing through a €75m private placement and refinanced its bond loan, alongside renewing its credit facility, with the aim to reduce leverage. The company's total net debt, excluding IFRS 16, stands at €193.8m as of September 30, 2025.