Q3 2025 revenue: Organic sales down -1.6% in a market environment that remains weak in most regions

Core Viewpoint - Tarkett's Q3 2025 revenue shows a slight decline of -0.6% year-over-year, with organic sales down -1.6%, reflecting a weak market environment across most regions [1][3][4]. Group Revenue Summary - The Group's total revenue for Q3 2025 was €996 million, compared to €1,002 million in Q3 2024, marking a decrease of -0.6% [2][3]. - Organic sales declined by -1.6%, with stable selling prices showing a limited variation of -0.3% [3][4]. Regional Performance - EMEA: Revenue was €210.5 million, down -1.7% year-over-year, with organic sales declining -1.8% due to a sluggish residential market [2][4]. - North America: Revenue decreased to €207.8 million, down -4.9%, but organic sales grew by +2.2%, driven by delayed shipments catching up [2][6]. - CIS, APAC & Latin America: Revenue fell to €144.4 million, down -6.8%, with organic sales down -7.6%, primarily due to a slowdown in demand in the CIS and Latin America [2][7]. - Sports Segment: Revenue increased to €433.2 million, up +4.6%, despite a slight organic decline of -1.1% [2][8]. Outlook and Adjusted EBITDA - The Group has revised its 2025 Adjusted EBITDA forecast to be close to that of 2024, estimating around €329 million, down from an initial target of €360 million [4][15][16]. - The ongoing weak macroeconomic environment is expected to continue affecting renovation and new construction projects, particularly in residential markets [11][12][13].