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Indel B (INDB) investor relations material
Indel B Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 sales revenue rose 13.9% YoY to €178.6m; product sales increased 14.0% to €176.5m, supported by organic growth and acquired Marine businesses.
Automotive and Leisure led product-market growth, while Hospitality and Cooling Appliances remained below prior-year 9M levels.
Financial highlights
Sales revenue was €178.6m vs. €156.8m in 9M 2025; product sales were €176.5m vs. €154.9m, up 14.0% (14.6% at constant exchange rates).
Product-sales growth comprised 9.8% organic growth, 4.8% M&A contribution and a 0.6% negative FX effect.
Sundry revenues increased 6.0% to €2.1m, mainly from transport-cost recovery and mould-cost re-invoicing to Automotive customers.
Segment performance
Automotive revenue rose 14.3% to €108.9m, or 61% of product sales, with recovery in Europe and North America after two years of downturn.
Leisure revenue increased 36.5% to €26.5m; Q3 like-for-like revenue grew 14.9% YoY, reflecting organic recovery and acquired-business contributions.
Components & Spare Parts revenue grew 8.7% to €20.6m, driven primarily by Autoclima Group sales.
Hospitality revenue declined 4.3% to €12.1m, mainly due to a 5.5% Hotel drop; Cruise and Hotel showed gradual recovery through the year.
Cooling Appliances revenue fell 2.0% to €8.4m, although Q3 revenue rose 37.7% YoY, supported by Professional milk-refrigerator orders, up 11.5%.
- Revenue up 9.4% to EUR 118.2M, but margins and net profit declined amid cost pressures.INDB
H1 2026 - Q1 2026 revenue grew 5.0% to €52.5M, led by Leisure and Automotive, despite sector declines.INDB
Q1 2026 TU - Revenue up 1.9% to €207.4M; adjusted EBITDA rose, but net profit fell 12%.INDB
H2 2025 - Leisure and Cooling Appliances growth offset Automotive declines, keeping revenues stable.INDB
Q3 2025 TU - Net profit jumped on a €14m one-off gain, offsetting lower revenues and mixed segment trends.INDB
H1 2025 - Double-digit growth in Hospitality and Cooling Appliances offset Automotive declines.INDB
Q1 2025 TU - Revenue and profit declined, but margins and long-term outlook remain resilient.INDB
H1 2024 - 9M 2024 sales dropped 8.8% to €155.2M, with mixed segment and regional performance.INDB
Q3 2024 TU - Revenue and profitability declined in FY 2024, but margins and dividend policy remain robust.INDB
H2 2024
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