Svenska Spel
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Svenska Spel (SSP) investor relations material

Svenska Spel has been private

Svenska Spel 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 summary22 Oct, 2026

Executive summary

  • Q3 net gaming revenue rose 1% YoY to SEK 1,898m, driven by Oddset, casino, Triss and Lotto; operating profit fell 9% to SEK 656m amid higher strategic investment costs.

  • 9M net gaming revenue increased 3% to SEK 5,741m and operating profit rose 2% to SEK 1,932m; continuing-operations profit was SEK 1,630m, while total profit included a SEK 288m disposal gain.

Financial highlights

  • Q3 net sales from gaming operations and related items were SEK 1,320m (SEK 1,316m); operating margin was 35% (38%).

  • Q3 finance income was SEK 60m (SEK 20m); continuing-operations profit was SEK 565m (SEK 584m).

  • 9M net sales from gaming operations and related items reached SEK 4,002m (SEK 3,851m); operating margin remained 34%.

  • 9M finance income was SEK 128m (SEK 47m); total profit was SEK 1,918m (SEK 1,439m), including discontinued operations.

  • Q3 healthy revenue share was 94% (95%); 9M share was also 94% (94%).

Outlook and guidance

  • Strategy remains focused on sustainable growth, stronger customer experience, brand renewal, AI and migration to cloud services; these initiatives increased Q3 costs.

  • The final quarter will continue product and customer-experience development, with a stated aim of long-term value and responsible play.

  • Owner financial goals include 20–40% full-year equity ratio, dividends of at least 80% of annual profit after tax, and a 30% operating margin over time.

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Frequently asked questions

Svenska Spel is a state-owned enterprise operating within Sweden's regulated gambling market. Established on January 1, 1997, through the merger of Penninglotteriet and Tipstjänst, it was for a long time the only company allowed to offer gambling services in the country. Today, it's one of the most popular gambling companies in the country but it no longer holds a monopoly. All profits generated by Svenska Spel are directly contributed to the Swedish State Treasury, and the company is headquartered in Visby, Sweden.