Alligo (ALLIGO) investor relations material

Executive summary

• Q3 revenue rose 4.9% to SEK 2,295m, with 1.1% organic growth; adjusted EBITA increased 6.3% to SEK 168m and margin reached 7.3%.

• Finland led growth and profitability, while Sweden and Norway faced weaker demand and lower organic growth.

• Sales and efficiency initiatives continued across markets alongside strategy refinement toward 2030 and plans for the Örebro logistics expansion.

Financial highlights

• Q3 revenue increased 4.9% to SEK 2,295m, comprising 1.1% organic growth, 1.5% acquisition growth and 2.2% positive FX impact.

• Q3 adjusted EBITA rose SEK 10m to SEK 168m; operating profit was SEK 147m versus SEK 134m, including SEK 4m of items affecting comparability.

• Q3 gross margin was 41.1% versus 41.4%; unfavorable country and customer mix weighed on margin.

• Jan–Sep revenue increased 5.4% to SEK 7,264m and adjusted EBITA rose 24.5% to SEK 468m; operating profit was SEK 384m versus SEK 269m.

• Q3 profit after tax was SEK 92m versus SEK 83m; EPS was SEK 1.84 versus SEK 1.64. Jan–Sep profit after tax was SEK 238m versus SEK 146m.

Outlook and guidance

• Management expected partly slow market conditions through Q4 and 2027, with gradual normalization across markets.

• Sales and profitability actions are underway in Sweden and Norway; Norway’s SEK 35m cost-base adjustment is expected to deliver its full impact from year-end.

• Strategy development toward 2030 was expected to conclude in autumn 2026, with implementation planned from 2027 and a focus on customer relevance and profitable growth.

• Finland’s 2026 priorities are to sustain growth while strengthening profitability and market position; the positive U.S. dollar purchasing impact was expected to continue in Q4, offset by adverse mix effects.