Core Insights - Nilörn reported a net profit of Skr18.9 million ($2.01 million) for Q3 2025, an increase from Skr9.8 million in Q3 2024, with earnings per share rising to Skr1.66 from Skr0.86 year-on-year [1][2] Financial Performance - The operating profit for Q3 2025 was Skr26.3 million, reflecting an operating margin of 11.4%, up from Skr15.2 million and a 7.3% margin in Q3 2024 [2] - Sales increased by 11% to Skr230 million in Q3 2025, compared to Skr208 million in the same quarter of 2024. Adjusted for currency effects, net sales were Skr246 million, indicating an underlying growth of 18% [2] - Order intake decreased by 13% year-on-year to Skr224 million, but when adjusted for currency effects and packaging orders, it remained almost flat at Skr255 million [2][3] Market Context - The decline in order intake was primarily due to the postponement of a large packaging order to Q4 and ongoing caution from luxury brands [3] - The CEO of Nilörn highlighted that the company operates in a consolidating market where larger customers prefer fewer, more comprehensive suppliers, which benefits Nilörn due to its global presence and strong design capabilities [4] Company Overview - Nilörn manufactures and sells a variety of labels, including woven and printed labels, hangtags, and RFID labels, as well as e-commerce packaging, cardboard boxes, and paper and plastic bags [5]