)
)
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.
Instalco
Instalco (INSTAL) investor relations material
Instalco Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary23 Oct, 2026
Executive summary
Q3 net sales rose 16.4% to SEK 3,526m, with 8.2% organic growth; EBITA increased to SEK 254m and margin improved to 7.2% from 6.0% YoY.
Sweden drove stronger profitability; delayed project starts continued to weigh on Norway.
Order backlog reached SEK 11,746m, up 30.1%; Fabri added Germany as a fourth market.
Working-capital outflow pressured cash conversion, while net debt/EBITDA remained above target.
Financial highlights
Q3 net sales were SEK 3,526m versus SEK 3,028m; growth comprised 8.2% organic, 6.8% acquired and 1.4% currency.
EBITA was SEK 254m versus SEK 180m; margin was 7.2% versus 6.0%, with improvement primarily driven by Sweden.
Q3 EBIT was SEK 206m versus SEK 148m; profit for the period was SEK 201m versus SEK 75m, including a SEK 102m Fabri remeasurement gain in net financial items.
Jan–Sep sales rose 10.2% to SEK 10,838m and EBITA rose to SEK 730m; diluted EPS was SEK 1.41 versus SEK 0.82.
Service represented 36% of Q3 sales; LTM net sales were SEK 14,604m and EBITA SEK 1,001m.
Outlook and guidance
Several delayed major Norwegian projects are expected to start in early 2027; no major improvement in Norway was expected during Q4.
Market sentiment was improving gradually from low activity levels; greater project selectivity and profitability remained priorities.
Strategic targets include 10% average annual sales growth over a business cycle, an 8% EBITA margin and 100% rolling 12-month cash conversion.
Net debt/EBITDA target is no more than 2.5x; dividend payout target is 30% of net profit.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Instalco
- Q2 2026 delivered 10.3% sales growth, margin gains, and German expansion via Fabri acquisition.INSTAL
Q2 2026 - Sales, margins, and order backlog rose, with strong cash flow and ongoing operational transformation.INSTALQ1 2026
- Q4 margin and earnings rebounded, with strong cash flow and improved order backlog.INSTALQ4 2025
- Operational and organizational changes target margin recovery amid strong green market drivers.INSTALSEB Nordic Seminar presentation
- Margin improvement and operational efficiency prioritized as sales dip but backlog grows.INSTALQ3 2025
- Phased acquisition of Fabri secures German market entry, balancing growth and risk.INSTALM&A Announcement
- Q3 sales and EBITA margin declined, but service growth and cash flow remained strong.INSTALQ3 2024
- Q2 margins held firm despite lower sales, with automation and service supporting future growth.INSTALQ2 2024
- Order backlog growth, service expansion, and German entry support future prospects.INSTALQ4 2024
Next Instalco earnings date
Q4 202611 Feb, 2027
Instalco
Next Instalco earnings date
Q4 202611 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Sustainable installation services
Instalco is a provider of technical installation services in the Nordic region. With a broad range of expertise, they offer solutions in areas such as heating, plumbing, ventilation, electrical, and cooling systems. Instalco's skilled professionals collaborate closely with customers to deliver installations tailored to their specific needs. Their service portfolio covers both new construction projects and renovations, catering to various sectors including residential, commercial, and industrial. By combining technical experience with a customer-centric approach, Instalco ensures efficient and reliable installations that meet the highest industry standards.
A Swedish company focusing on the Nordic market
Instalco is a Swedish company and is listed on the Stockholm stock exchange. They focus on the Nordic market, with a large part of their business taking place in Sweden, but they also have offices and conduct installations in Norway and Finland. Some of Instalco’s publicly traded peers and competitors are Bravida and Caverion.
Installing everything from solar panels to ventilation systems
Their teams provide solutions in heating, ventilation, plumbing, electrical, cooling, and other related areas. In the heating sector, Instalco delivers efficient and sustainable solutions for both residential and commercial properties. For ventilation, they design and install systems that ensure optimal indoor air quality. In plumbing, their services cover everything from sanitary installations to water supply and drainage systems. Instalco also handles various types of electrical installations for customers.
A focus on sustainability and green solutions
Instalco places a great emphasis on providing installations that not only serve a practical purpose and fulfill the high security standards in residential and commercial buildings, but also ensure that the process and the results are as green as possible. Instalco has responded to the increasing demands for ESG-friendly solutions from businesses by ensuring that their installations are kind to the environment. On the same note, the company also installs various solar power solutions on a varying scale from small solutions to larger solar panel systems.