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Elmera Group ASA: Q2 results - Strong customer growth across all segments

ELMRARegulatory press release21.08.2025, 07.00
Elmera Group recorded an adjusted net revenue of NOK 370m in the second quarter
of 2025, a decrease from NOK 389m in the second quarter of 2024. Adjusted EBIT
was NOK 93m, a decrease from NOK 106m in second quarter 2024.

The customer growth from the first quarter continued in Q2 at an accelerated
pace with solid underlying growth across all of the Group's reporting segments.
The Consumer segment delivered its strongest quarterly organic growth since Q2
2022 and the Business segment recorded the fifth consecutive quarter of organic
growth.

-Both the Consumer and Business segments report strong financial results in the
quarter, and I am particularly satisfied with the customer development across
the brands and segments, which a key aspect to long-term profitability in our
line of business, says CEO, Rolf Barmen.

The Group's ambitions for the Nordic segment remain unchanged.

- The Nordic segment was negatively impacted by increased credit and hedging
losses in the quarter. However, we maintain our ambitions for the segment, says
Barmen.



Please find attached the quarterly report and quarterly presentation.

Results Presentation: 21 August 2025 at 08.00 CET

The presentation will be webcasted live at:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20250821_10


For further information, please contact:
Morten A. W. Opdal, Head of Group Accounting, Reporting and IR, +47 970 62 526