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SeSa (SES) investor relations material

SeSa 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 summary12 Mar, 2026

Executive summary

  • Achieved strong organic growth in 9M 2026, with revenues up 11.2% Y/Y and EBITDA up 11.5% Y/Y, driven by core business performance, digital transformation demand, and sector-wide improvements.

  • Group Adjusted Net Profit (EAT) rose 12.1% Y/Y, supported by higher operating profitability and lower financial expenses.

  • 3Q 2026 saw acceleration in organic growth, with revenues up 10.5% Y/Y and EBITDA up 11.6% Y/Y.

  • Guidance for FY26 confirmed at the upper end of the target range, reflecting resilient demand and disciplined execution.

Financial highlights

  • 9M 2026 revenues: €2,705.2mn (+11.2% Y/Y reported, +7.5% Y/Y pro-forma), EBITDA: €191.1mn (+11.5% Y/Y reported, +8.2% Y/Y pro-forma), Group EAT Adjusted: €82.1mn (+12.1% Y/Y reported, +8.8% Y/Y pro-forma).

  • EBITDA margin improved to 7.1% from 7.0% Y/Y.

  • Net Financial Position (NFP) at Jan 2026: €58.5mn net debt, improved by 36.6% Y/Y.

  • Shareholders’ equity at Jan 2026: €511.4mn, up from €500.8mn at Apr 2025.

  • Net financial expenses declined by 14.4% Y/Y.

Outlook and guidance

  • FY26 guidance confirmed at upper end: revenues +5.0%/+7.5%, EBITDA +5.0%/+10.0%, Group EAT Adjusted +10.0%/+12.5%.

  • Growth to be driven by organic expansion in Business Services, ICT VAS, and Green VAS.

  • Ongoing reduction in net financial expenses and capital gain from DVH stake disposal expected to support profit growth.

  • FY27 outlook: revenues €3,700–3,880mn, EBITDA €265–291mn, Group EAT Adjusted €116–121mn.

  • Positive outlook for 4Q 2026 and next fiscal year, supported by strong order performance and continued organic growth.

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Frequently asked questions

SeSa S.p.A. provides information technology solutions, including software, hardware, cloud services, and system integration. The company serves enterprise customers, with a focus on digital transformation and managed services. It partners with leading technology vendors and supports clients across various sectors. The company is headquartered in Empoli, Italy, and its shares are listed on the BIT.

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