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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Goodtech
Goodtech (GOD) investor relations material
Goodtech Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary30 Oct, 2026
Executive summary
Net operating revenue after external project costs rose 4% YoY to NOK 121.6m; lower equipment deliveries reduced total revenue 9% to NOK 153.5m.
EBITA was NOK 8.5m at a 7% margin amid recruitment and regional expansion; cost control continued.
Service growth, digital offerings and the post-quarter Nussir award support a more resilient revenue mix and improved visibility into 2027.
Financial highlights
External project costs fell to NOK 31.9m from NOK 51.4m; net operating revenue after those costs rose 4% to NOK 121.6m.
EBITA was NOK 8.5m at a 7% margin; other operating expenses declined NOK 2.6m.
Q3 EBITDA was NOK 14.1m vs. NOK 15.4m; EBIT was NOK 7.9m vs. NOK 8.9m, and reported earnings after tax were NOK 6.0m vs. NOK 7.2m.
YTD net operating revenue after external project costs was NOK 395.1m vs. NOK 380.3m; YTD EBITDA was NOK 50.3m vs. NOK 45.8m and EBITA was NOK 33.4m vs. NOK 28.0m.
Order intake was NOK 131m vs. NOK 140m in Q3 2025; quarter-end backlog was NOK 281m vs. NOK 317m.
Outlook and guidance
Three industrial data and AI platform pilots are confirmed in food and marine ingredients; installations are ongoing, with first pilot-related revenue expected in Q4 2026.
The ~NOK 240m Nussir contract is booked as Q4 order intake, with revenue recognized through expected completion in Q2 2028.
Underlying customer activity and the opportunity pipeline remain healthy, though decision cycles for some larger investments are extended.
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Latest events from Goodtech
- Revenue up 4% year-on-year, stable margins, and NOK 60 million set for shareholder return.GOD
Q2 2026 - Profitability and margins improved in Q1 2026, despite lower revenue and order intake.GODQ1 2026
- Q4 2025 saw 13% revenue growth, margin expansion, and a proposed NOK 0.50 dividend.GODQ4 2025
- Revenue and margins rose, order intake surged, and a key offshore wind contract was secured.GODQ3 2025
- Revenue and margins rose, with strong liquidity despite cash outflows from discontinued units.GODQ2 2025
- EBITDA margin fell to 2.0% as Swedish MES project losses offset stable revenue.GODQ3 2024
- Order backlog up 41% and EBITDA margin rose to 4.8% despite a 10% revenue drop in Q2 2024.GODQ2 2024
- Strong revenue growth and order backlog offset losses from discontinued operations.GODQ1 2025
- Order backlog up 66% and EBITDA margin fell to 7.9% as strategic focus sharpened.GODQ4 2024
Next Goodtech earnings date
Q4 202619 Feb, 2027
Goodtech
Next Goodtech earnings date
Q4 202619 Feb, 2027
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Frequently asked questions
Goodtech ASA provides advanced solutions for industrial and manufacturing companies, focusing on management systems, digitization, and production optimization. The company offers a range of in-house and partner-driven technologies, including automation of production processes, material handling, logistics, and packaging solutions. Its services span construction, installation, engineering, and project management, along with robotic systems for bulk materials handling and electrical automation solutions. Goodtech also provides products for water and wastewater treatment, catering to industries such as aquaculture, renewable energy, oil and gas, automotive, and chemical sectors. The company is headquartered in Oslo, Norway, and its shares are listed on the Oslo Stock Exchange.