Hedin Mobility Group’s Interim Report Q3, 2025: Challenging quarter with signs of recovery in the premium segment
MÖLNDAL, SWEDEN, 27 November, 2025 – Hedin Mobility Group AB (publ) publishes the interim report for the period January 1 – September 30, 2025.
CEO Anders Hedin: “Profit before tax improved by SEK 25 million compared to the previous year, adjusted for the positive non-recurring items of SEK 81 million that impacted last year’s result. July and August were characterised by low sales, and although September showed positive development, it was not enough to fully offset the slow start to the quarter.
During the quarter, the recovery in the premium segment has been evident. Our brands BMW and Mercedes have shown strong performance across several of our markets. The used car market in Europe continues to show good volumes and stable margins. In Sweden, however, margins are adversely affected by the return of a large number of electric vehicles with guaranteed residual values.
Underlying costs continue to decline and have decreased by approximately SEK 200 million net during the quarter, including price and salary increases but adjusted for currency effects, acquisitions, and divestments. The reductions include both personnel and external costs and are a clear outcome of our long-term efficiency initiatives. At the same time, it is evident that further measures are needed to address the weak market and safeguard a strong cash flow. As we await a more stable market development, we are intensifying our structural and operational efficiency programmes to strengthen profitability.”
The Group in summary
July – September 2025
- Net sales decreased by 2% to MSEK 21,140 (21,482).
- Operational earnings decreased to MSEK 66 (136).
- Operating profit decreased to MSEK 14 (153).
- Profit/loss for the period decreased to MSEK -232 (-118).
January – September 2025
- Net sales decreased by 1% to MSEK 67,303 (68,284).
- Operational earnings increased to MSEK 339 (305).
- Operating profit increased to MSEK 179 (-120).
- Profit/loss for the period increased to MSEK -595 (-888).
The Half-year report is attached to this press release and is also available to download on Hedin Mobility Group’s website.