Key financial highlights – Q3 2025
- Net sales amounted to SEK 2,117 million (2,131). Growth in constant currency: +1.8%
- Adjusted EBITDA: SEK 203.7 million (222.5)
- Adjusted Operational EBITDA: SEK 107.4 million (118.9)
- EBIT (Operating Profit): SEK 60.0 million (80.1)
- Cash flow from operating activities: SEK 150.2 million (313.9). Includes non-recurring costs of SEK 19.1 million
Significant events during the quarter
- Announced 10,000 m² expansion at the Estonian site to increase capacity and traceability in circular solutions
- Appointed Taina Flink as Interim CSO and Kent H. Jeppesen as Interim President of Recommerce Mobile
- Received “Upcomer of the Year” from Karriärföretagen
- Recognized as an impact company by Impact Loop for contributions to sustainability
- Participated in Lenovo 360 Accelerate EMEA in Monaco, spotlighting second-hand tech trends
- Won the Estonian Entrepreneurship Award 2025
Performance per business area
- Circular Workspace Solutions (CWS): Sales growth and margin expansion driven by customer onboarding toward the end of the quarter and improved momentum for second lifecycle sales
- Recommerce Computers & Enterprise (C&E): Outperformed expectations with strong enterprise equipment demand
- Recommerce Mobiles: Overall tough market situation with high price competition and lower sourcing volumes, high focus on inventory management in Q4
- Cash flow: Improved cash flow driven by inventory reduction for CWS and Recommerce C&E with further potential entering Q4 for Recommerce Mobiles
- Outlook: Positive momentum in CWS and C&E, while Mobiles is experiencing a tough market, but we are implementing focused initiatives for renewed growth in 2026
CEO Patrick Höijer comments
“The quarter marks another important step forward for Foxway in a challenging yet opportunity-rich market. We’re seeing stronger business momentum, particularly within Recommerce C&E and Circular Workspace Solutions (CWS) – while also keeping a tight grip on costs.”
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This information is information that Foxway Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out below, at 08:00 CET on 18th of November 2025.
For more information, please contact:
Patrick Höijer, CEO of Foxway
Patrick.hoijer@foxway.com
Anders Wallin, CFO of Foxway
Anders.wallin@foxway.com