)
)
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.
Ratos
Ratos (RATO) investor relations material
Ratos 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 6% YoY to SEK 4,427m, with 5.9% organic growth; adjusted EBITA increased 29% to SEK 480m and margin expanded to 10.8%.
Adjusted diluted EPS nearly doubled to SEK 0.83; profitability improved broadly, led by Industrial products and Infrastructure, while service markets remained subdued.
Strategy remained focused on a more focused portfolio, profitable growth, add-on acquisitions and active ownership.
Financial highlights
Net sales were SEK 4,427m versus SEK 4,165m; organic growth was 5.9%, structure impact -2.6% and currency impact +3.0%.
Adjusted EBITA was SEK 480m versus SEK 373m; margin increased to 10.8% from 9.0%.
Adjusted EBIT was SEK 450m versus SEK 343m; adjusted net profit was SEK 327m versus SEK 182m.
Adjusted diluted EPS was SEK 0.83 versus SEK 0.43, up 96%; reported effective tax rate excluding associates was 12% versus 15%.
Operating cash flow was SEK 270m versus SEK 868m; excluding the prior-year SEK 700m Diab arbitration receipt, cash flow improved SEK 103m YoY.
Outlook and guidance
Priorities include improving earnings, profitable and capital-efficient growth, and directing capital toward the strongest long-term value potential.
Speed’s major automation projects were expected to be fully operational toward year-end 2026, contributing gradually to improved profitability.
HL Display’s Top Global acquisition was expected to close in Q4 2026; Oase Outdoors focused on its 2027 pre-season.
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 Ratos
- Strong earnings, strategic streamlining, and sustainability drive set the stage for 2025 growth.RATO
AGM 2025 presentation - Focused investment strategy and new financial targets drive growth and value creation through 2028.RATOCMD 2026 presentation
- Transitioning to a focused investment company with strong financial and sustainability targets.RATOAGM 2026 presentation
- Q2 2026 delivered 3.4% organic growth, 14% EBITA rise, and strong cash flow.RATOQ2 2026
- Adjusted EBITA/EBITDA rose 21% on 3.4% organic growth, with a new strategy and strong liquidity.RATOQ1 2026
- Adjusted EBITA rose 17% to SEK 1,931m, with improved leverage and major restructuring.RATOQ4 2025
- Earnings and cash flow rose despite lower sales, aided by efficiency and one-off gains.RATOQ3 2025
- Earnings and margins improved despite 9% lower sales, with strong order intake and cash flow.RATOQ2 2024
- Adjusted EBITDA/EBITA up 32% with strong order intake and Plantasjen turnaround.RATOQ1 2025
Next Ratos earnings date
Q4 202628 Jan, 2027
Ratos
Next Ratos earnings date
Q4 202628 Jan, 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
Ratos AB is a private equity firm specializing in buyouts, turnarounds, add on acquisitions, and middle market transactions. The firm seeks to invest in the services, business-to-business, manufacturing, specialized retailing, medtech and life science sectors. Within services it invests in areas such as staffing and recruitment agencies, facilities management, rental and leasing of goods and equipment as well as HR services. Ratos AB was founded in 1934 and is based in Stockholm, Sweden.