Borgestad ASA – Interim financial report for third quarter 2025

31 Oct 2025 07:00 CET

Highlights:

- In Q3’25, Borgestad Group delivered a result before tax of MNOK 47.0, compared
to MNOK 44.1 in Q3’24.

- Höganäs Borgestad delivered a better quarter compared to Q3’24, reporting
revenues of MNOK 333.3 and an EBIT of MNOK 49.6, compared to MNOK 340.4 and
MNOK 45.5 Q3’24, respectively.

- Agora Bytom delivered an EBITDA of MNOK 10.3 in Q3’25, compared to MNOK 10.3
in Q3’24.

Borgestad ASA's report for the third quarter of 2025 is attached hereto.

The contact person is Pål Feen Larsen, CEO Borgestad ASA, +47 488 45 333

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This information is subject to disclosure requirements pursuant to the
Securities Trading Act §5-12.


About Borgestad| www.borgestad.no
Borgestad ASA (OSE:BOR) is an investment company focused on real estate and
industry. The key investments include Agora Bytom shopping center and the
leading refractory manufacturer Höganäs Borgestad.

About Höganäs Borgestad | www.hoganasborgestad.com
Höganäs Borgestad develops, manufactures and delivers refractory products,
installations and turnkey solutions that enhance the productivity and
competitiveness of industrial customers. The aim is to contribute to the
customers' profitability by providing high-value refractory solutions to their
challenges. Today, the company is a leading supplier in the refractory market of
the Nordic countries and has a global presence in a number of selected
application areas.

More information:
Access the news on Oslo Bors NewsWeb site

658397_Borgestad Q3 2025 BOR.pdf
658397_Borgestad_Q3'25 Company presentation.pdf