Norrhydro's Q3 operating profit rises to EUR 734,000 on higher sales
Finland's Norrhydro reported higher third-quarter sales and operating profit, kept its guidance unchanged and drew most of its EUR 1.75 million credit line.
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what happened
Norrhydro Group Oyj published nine-month and third-quarter figures, according to Reuters. Revenue for the first nine months reached EUR 21.454 million, with EBITDA at EUR 2.394 million, an 11.2% margin, and EBIT at EUR 1.455 million. Adjusted earnings per share came to EUR 0.071 for the period, while unadjusted earnings per share were EUR 0.067.
Third-quarter turnover climbed 7.6% to EUR 6.555 million, compared with EUR 6.093 million. Operating profit for the quarter rose to EUR 734,000 from EUR 199,000. The company left its guidance untouched.
To keep cash available, the firm has access to a EUR 1.75 million credit line, and EUR 1.617 million of it was drawn when the period closed.
why it matters
The results point to stronger margins at a small company in a niche market, so the effect is mainly on its shareholders and lenders. Rising quarterly profit combined with unchanged guidance suggests steady momentum without a signal of a shift in outlook. High use of the credit line is worth watching for anyone assessing the balance sheet.
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- Norrhydro Q3 Operating Profit €734,000 — Reuters, 21 October 2026 at 05:39 UTC
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