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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.
Pricer
Pricer (PRIC) investor relations material
Pricer Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
Q3 order intake rose 27.4% YoY to SEK 449.0M; net sales declined 15.7% to SEK 504.2M, while gross margin increased to 30.4% from 23.2%.
Adjusted EBIT was SEK 65.2M and adjusted EBIT margin reached 12.9%; net profit was SEK 43.8M.
Plaza net sales grew 39% YoY and 20% QoQ, with about 500 additional stores connected during the quarter.
Financial highlights
Gross profit increased to SEK 153.4M from SEK 138.6M; EBITDA was SEK 87.0M versus SEK 60.6M.
Q3 recurring revenue rose 23.6% YoY to SEK 37.2M; for 9M it increased 24.5% to SEK 100.6M.
9M net sales declined 6.2% YoY to SEK 1,478.3M, or 3.4% excluding FX; 9M net profit was SEK 70.2M versus a SEK 9.4M loss.
Outlook and guidance
No 2026 forecast was issued; management cited the Sobeys rollout, Orange agreement, recurring-revenue growth and leaner cost structure as supports amid price competition.
From 2027, complementary connectivity is planned to be added gradually to support more in-store IoT devices and use cases.
Management expects Plaza-connected store additions to continue at a similar pace for the next couple of years.
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Latest events from Pricer
- Q2 2026 saw double-digit order growth, margin expansion, and a return to profitability.PRIC
Q2 2026 - Gross margin reached a multi-year high as net profit turned positive and cost savings began.PRICQ1 2026
- Record Q4 order intake, new contracts, and improved cash flow despite lower sales and profit.PRICQ4 2025
- Expanding direct partnerships with top retailers and planning operational initiatives for Q4.PRICDNB Carnegie Småbolagsdag
- Digitalization, branding, and sustainability drive rapid retail transformation and product innovation.PRICABGSC Investor Days
- Q3 gross margin reached 22.1% and EBIT margin 10.3%, with strong order intake and profitability.PRICQ3 2024
- Gross margin and profit surged in Q2 2024, with strategic wins and strong H2 outlook.PRICQ2 2024
- Record profitability and order intake drive strong growth outlook for 2025.PRICQ4 2024
- Order intake fell 53% but gross margin rose to 23.3% and cash flow improved.PRICQ1 2025
Next Pricer earnings date
Q4 20265 Feb, 2027
Pricer
Next Pricer earnings date
Q4 20265 Feb, 2027
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Frequently asked questions
Pricer AB develops, manufactures, and sells electronic shelf labels (ESLs) worldwide. It offers ESL systems that help in-store personnel to automate the process of changing prices on shelves; cloud services, including costs per change, price accuracy, and real-time pricing; and accessories, such as label batteries and handheld units. The company also provides installation services; professional services consisting of system development or integration to customer-specific solutions; and after sales service consisting of system maintenance and support to manage repair activities. It serves retailers with small store formats, such as convenience stores and pharmacies in various markets through a network of local partners.