Norrhydro Group
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Norrhydro Group (NORRH) investor relations material

Norrhydro Group 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 summary21 Oct, 2026

Executive summary

  • Q3 operations returned to normal after a challenging Q2; revenue rose 7.6% YoY and EBITDA more than doubled, supported by cost savings and productivity improvements.

  • 9M revenue grew 2.3% and EBITDA 37.1% YoY, with profitability improving; market uncertainty and short-notice changes in customer orders remain.

Financial highlights

  • Q3 revenue was €6.555m vs €6.093m; EBITDA was €1.047m vs €0.520m, and operating profit was €0.734m vs €0.199m.

  • 9M revenue was €21.454m vs €20.970m; EBITDA was €2.394m vs €1.746m, and operating profit was €1.455m vs €0.771m.

  • 9M profit was €0.788m vs a loss of €0.080m; undiluted EPS was €0.071 and diluted EPS €0.067, both vs -€0.007.

Outlook and guidance

  • FY2026 guidance remains unchanged: revenue of €30m–€32m and reported EBITDA of €3m–€4m; growth is expected to be weighted to H2.

  • Positive business development is expected to continue in 2026, while strategic growth and profitability initiatives continue.

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Frequently asked questions

Norrhydro Group Oyj is a Finnish company specializing in the design and production of high-performance hydraulic cylinders and motion control solutions. The company's offerings are tailored for demanding applications across industries such as forestry, construction equipment, material handling, mining, and marine. In addition to traditional hydraulic products, Norrhydro has developed the NorrDigi system, an innovative digital hydraulic solution that enhances energy efficiency and productivity. The company is also expanding into electromechanical motion control systems through its Motiomax brand, focusing on energy-efficient, oil-free solutions for various industrial applications. The company is headquartered in Rovaniemi, Finland, and its shares are listed on the Helsinki Stock Exchange.