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HAKI Safety
HAKI Safety (HAKI) investor relations material
HAKI Safety 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 net sales rose 8% YoY to SEK 311M, but organic sales fell 4%; adjusted EBITA declined to SEK 14M from SEK 24M.
Nine-month sales increased 10% to SEK 960M, with 6% organic growth; adjusted EBITA was SEK 54M versus SEK 50M.
Combisafe’s acquisition expanded fall-protection offerings and European reach, while integration and restructuring weighed on Q3 earnings.
Financial highlights
Q3 gross profit was SEK 118M (107M) and gross margin was 37.9% (37.2%); net result was SEK 28M (32M).
Q3 operating profit reached SEK 37M (30M), including SEK 26M of net positive items affecting comparability; adjusted EBITA was SEK 14M (24M).
Q1–Q3 operating profit was SEK 66M (50M), net result SEK 42M (29M), and EPS SEK 1.41 (0.97).
Operating cash flow was SEK 3M (1M) in Q3 and SEK 74M (21M) in Q1–Q3.
Outlook and guidance
Updated targets: annual growth above 10% over a business cycle; adjusted EBITA margin of 10% short-to-medium term and above 12% medium-to-long term.
Financial net debt to adjusted EBITDA should be below 2.5x, though it may be temporarily exceeded, including due to acquisitions.
Combisafe and UK fall-protection integration is expected to weigh on Q4 before completion; management sees future profitable-growth potential as markets improve.
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Latest events from HAKI Safety
- Q4 profitability and cash flow rebounded as margins improved despite weak organic full-year sales.HAKI
Q4 2023 - Q2 2026 saw 12% sales growth, margin gains, and strategic acquisitions driving future outlook.HAKIQ2 2026
- Net sales up 9% and profitability restored, driven by margin gains and strategic acquisition.HAKIQ1 2026
- Acquisitions drove sales growth, but organic decline and margin pressure persisted.HAKIQ4 2025
- Q3 sales up 14% with margin gains and strong acquisition impact, outlook remains positive.HAKIQ3 2025
- Q2 2025 saw strong sales growth from acquisitions, but margins fell on product mix and efficiency issues.HAKIQ2 2025
- Q3 saw strong organic growth and margin gains, but cash flow was impacted by rental investments.HAKIQ3 2024
- Net sales declined 15% but gross margin rose to 36.6% amid strong demand in energy and infrastructure.HAKIQ2 2024
- Sales up 9% on acquisitions, but profit fell; restructuring and cost cuts underway.HAKIQ1 2025
Next HAKI Safety earnings date
Q4 20262 Feb, 2027
HAKI Safety
Next HAKI Safety earnings date
Q4 20262 Feb, 2027
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Frequently asked questions
HAKI Safety AB develops and delivers scaffolding systems, weather protection systems, hanging scaffolding, and stamping systems. It operates as a subcontractor; and offers customized system solutions. The company provides contract manufacturing for industrial customers, as well as contract manufacturing services. It offers its products through its subsidiaries in Sweden and other countries worldwide. HAKI’s vision is to be recognized as an attractive industry partner by developing and delivering innovative products.