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Inderes (INDERES) investor relations material

Inderes Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary27 Oct, 2026

Executive summary

  • Q3 revenue rose 10.9% to €4.323M; EBITA increased 35% to €0.968M, lifting margin to 22.4% from 18.4%.

  • 9M revenue grew 9.1% to €15.682M; updated 2026 guidance is 6–9% revenue growth and a 12–14% adjusted EBITA margin.

Financial highlights

  • 9M recurring revenue grew 8.5% to €9.4M and project revenue increased 10.1% to €6.3M.

  • 9M adjusted EBITA was €2.3M versus €1.9M, with margin of 14.4% versus 13.2%; no non-recurring items were recorded in the period.

  • Q3 recurring revenue rose 8.8% to €3.2M; project revenue grew 17.1% to €1.2M, partly reflecting a weak comparison period.

  • 9M EBITDA was €2.488M versus €1.514M; EBIT was €1.738M versus €0.793M.

Outlook and guidance

  • Updated 2026 guidance is revenue growth of 6–9% and adjusted EBITA margin of 12–14%, versus prior margin guidance of 10–13%.

  • Target markets are expected to grow slightly and all three business units are expected to expand; Software international-growth investments weigh on EBITA.

  • Year-to-date performance exceeded expectations; market recovery and a stronger product portfolio support profitable growth prospects.

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Frequently asked questions

Inderes Oyj provides investor communication services in the Nordics. Its services include the preparation of and attending at shareholder meetings, acting as a financial adviser, producing a variety of communications for directors, and securities trading. The company also acts as a communications consultant to companies and shareholders regarding their rights and obligations, offers advice on related laws and regulations, acts as a proxy solicitor during corporate acquisitions, provides information on various aspects of corporate governance, and performs shareholder verification and other consulting services. Inderes Oyj was founded in 2009 and is headquartered in Helsinki, Finland.