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Arjo (ARJO) investor relations material
Arjo Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 net sales were SEK 2,849m, up 6.0% organically; adjusted EBITDA was SEK 523m and adjusted operating profit was SEK 247m.
Profitability improved on stronger gross margin and efficiency; a U.S. tariff refund also supported earnings.
Financial highlights
Adjusted operating profit rose to SEK 247m from SEK 165m; adjusted EBITDA increased to SEK 523m from SEK 436m.
Gross margin was 43.0%, up from 41.1%; adjusted operating margin was 8.7%, up from 6.2%.
Operating profit was SEK 206m vs SEK 152m; net profit was SEK 58m vs SEK 81m, and EPS was SEK 0.21 vs SEK 0.30.
9M net sales were SEK 8,306m vs SEK 8,186m, with 4.8% organic growth; 9M adjusted operating profit was SEK 648m vs SEK 581m.
Q3 exceptional items were SEK 41m, including strategic review and sales-organization restructuring costs; adjusted measures exclude exceptional items.
Outlook and guidance
FY 2026 organic sales growth is expected within the 3–5% target range.
A SEK 350m EBIT improvement versus 2025 is targeted by mid-2029, independent of future growth; effects build from 2027, with most realized in 2028.
~SEK 370m of restructuring costs are planned, primarily over the next 18 months; new financial targets are planned for Q1 2027.
Flu-season uncertainty could materially affect Q4.
- Targeting 350 MSEK EBIT improvement by mid-2029 through operational and portfolio efficiency.ARJO
CMD 2026 - Q2 2026 saw 4.7% organic growth, improved cash flow, and strategic leadership changes.ARJO
Q2 2026 - Organic revenue up 3.8%, profit and cash flow improved, but margin pressured by tariffs.ARJO
Q1 2026 - 3.4% organic growth and strong cash flow, but profitability pressured by currency and tariffs.ARJO
Q4 2025 - Q2 2025 saw 3% organic sales growth, strong US gains, and margin pressure from FX and tariffs.ARJO
Q2 2025 - Q3 organic growth was 1.5% as margin improved, but European capital sales remained weak.ARJO
Q3 2024 - Q2 2024 saw 3.7% organic growth, margin gains, and strong service/rental, with 2024 targets reaffirmed.ARJO
Q2 2024 - Q1 2025 delivered 3.4% organic growth and margin gains, led by North America.ARJO
Q1 2025 - Solid 2024 results with 3.1% organic growth, improved margins, and a strong 2025 outlook.ARJO
Q4 2024
Next Arjo earnings date
Next Arjo earnings date
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