{"id":20669,"date":"2026-02-11T00:39:04","date_gmt":"2026-02-11T00:39:04","guid":{"rendered":"https:\/\/microvibenews.com\/?p=20669"},"modified":"2026-02-11T00:39:04","modified_gmt":"2026-02-11T00:39:04","slug":"matas-a-s-maasf-q3-2025-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=20669","title":{"rendered":"Matas A\/S (MAASF) Q3 2025 Earnings Call Transcript"},"content":{"rendered":"<p><\/p>\n<div seq=\"0\">\n<p class=\"transcript-presentation-section-title\"><span><strong>Operator<\/strong><\/span><\/p>\n<p>Welcome to Matas Group Q3 2025\/2026 Financial Presentation. Today&#8217;s call is being recorded. [Operator Instructions]<\/p>\n<p>I would like to introduce Interim Group CEO, Per Johannesen Madsen. Please begin.<\/p>\n<\/p><\/div>\n<div seq=\"1\">\n<p class=\"transcript-presentation-section-title\"><span><strong>Per Madsen<\/strong><\/span><br \/><span><i>Interim Group CEO &amp; Group Chief Financial Officer<\/i><\/span><\/p>\n<p>Thank you, and welcome to the Q3 reporting for Matas Group. It&#8217;s really been a quarter with what we call some mixed results, a record sales in third quarter in Matas and some challenges in our KICKS markets, which I&#8217;ll take you through in some more details.<\/p>\n<p>But let me just say to you, we grew the third quarter 1.8% year-on-year from a currency-neutral perspective, which is equivalent to 3.1% as we have reported in our Q3 report. That also equates to a 16.7% EBITDA margin adjusted for FX, 17.2%, which is slightly below last year, but still in a quarter where we were managing slightly challenging sales, but managed that with some good and strong cost control.<\/p>\n<p>So overall, a quarter coming out supporting the updated guidance we gave early in January, looking at 3% to 4% growth for the year, 14% to 14.5% EBITDA margin, and CapEx within our guidance between 3% to 4% of revenues.<\/p>\n<p>I also think it&#8217;s been a quarter where we&#8217;ve seen, and I&#8217;ll come back to some more details on that, where our 2 big investments, both the Matas and KICKS logistics centers really have shown the impact on our P&amp;L.<\/p>\n<p>Going into the 2 different groups. Looking at Matas, 5.5% growth. That includes our subsidiaries, which also<\/p>\n<\/p><\/div>\n<p>#Matas #MAASF #Earnings #Call #Transcript<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operator Welcome to Matas Grou&hellip; <\/p>\n","protected":false},"author":1,"featured_media":1051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[124,322,12562,12561,323],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/20669"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20669"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/20669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/1051"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}