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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.
Guldbrev
Guldbrev (GULD) investor relations material
Guldbrev Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary20 Oct, 2026
Executive summary
Q3 revenue rose 8% YoY to SEK 111.9m; operating profit fell to SEK 16.9m from SEK 26.2m as marketing investment and lower gross margin weighed on profitability.
9M revenue reached a record SEK 387.4m, up 37% YoY, and operating profit of SEK 78.7m was also the highest reported for a nine-month period.
Financial highlights
Q3 EBITDA was SEK 18.7m vs SEK 28.0m; net profit was SEK 11.9m vs SEK 20.9m, and EPS was SEK 0.57 vs SEK 1.00.
9M EBITDA increased to SEK 84.2m from SEK 76.0m; net profit rose to SEK 61.5m from SEK 55.9m, and EPS to SEK 2.93 from SEK 2.68.
Q3 operating cash flow was SEK -14.5m vs SEK 14.6m; excluding SEK 21.4m related to the Pareto program, it was SEK 7.0m. 9M operating cash flow was SEK 28.9m vs SEK 50.5m.
Outlook and guidance
Management sees scope for more targeted growth and higher operating margins over time, while continuing to invest in Germany and evaluating expansion into additional markets.
Q3 growth accelerated month by month; management expects to develop core markets while pursuing opportunities in Germany and new markets.
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Latest events from Guldbrev
- Q2 revenue up 25% YoY, margin pressured by marketing; Germany doubled sales; buyback launched.GULD
Q2 2026 - Q1 2026 saw 86% revenue growth, doubled profit, and a proposed 2.02 SEK dividend per share.GULDQ1 2026
- Revenue and profit surged in 2025, supporting a 10% dividend yield proposal.GULDQ4 2025
- Q3 2025 delivered 124% revenue growth, high margins, and robust cash flow, supporting expansion.GULDQ3 2025
- Exceptional revenue and profit growth in Q2 2025, with strong margins and high liquidity.GULDQ2 2025
Next Guldbrev earnings date
Q4 202618 Feb, 2027
Guldbrev
Next Guldbrev earnings date
Q4 202618 Feb, 2027
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