Beijer Alma (BEIA) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 10.8% to MSEK 2,089; adjusted EBITA increased 17.9% to MSEK 352, with margin expanding to 16.9%.

• Order bookings rose 21.7% to MSEK 2,155, including 12% organic growth; overall activity improved, though demand varied by business and region.

• Per-Johan Dahlgren was appointed President and CEO on October 22, 2026, and is expected to take office no later than April 2027; Johnny Alvarsson remains acting CEO until then.

Financial highlights

• Revenue growth comprised 9% from acquisitions, 1% organic growth and 1% currency impact; full-year currency impact remained negative.

• Adjusted EBITA rose 17.9% to MSEK 352; adjusted EBIT was MSEK 327 versus MSEK 278, while reported EBIT was MSEK 364 and included MSEK 37 in net positive items affecting comparability.

• Profit after net financial items increased to MSEK 331 from MSEK 234; profit for the period was MSEK 255 versus MSEK 181, and EPS rose to SEK 4.16 from SEK 2.91.

• Jan-Sep revenue increased 6% to MSEK 6,250; adjusted EBITA was MSEK 1,024 versus MSEK 886, and EPS was SEK 11.15 versus SEK 6.88.

• Q3 operating cash flow increased to MSEK 465 from MSEK 366, including MSEK 116 in insurance proceeds related to the Åminnefors fire.

Outlook and guidance

• Market outlook remained stable after the first three quarters; higher order bookings were expected to support revenue in coming quarters, with stronger momentum at Beijer Tech.

• Priorities are profitable organic growth, disciplined acquisitions and competitiveness; acquisition opportunities were seen in both subsidiaries.

• Management described markets as generally favorable but saw no strong economic expansion; further acquisitions were expected.

• Beijer Components margin was nearing its 20% target; Beijer Tech was expected to increase its margin toward 50%.

• Hagen distribution-center relocation is planned for Dec. 1, with operations expected to resume at the new site Jan. 1; Q3 pre-buying is expected to weigh on Q4 sales, with timing effects difficult to predict.