Bufab (BUFAB) Q3 2026 earnings summary

Executive summary

• Q3 net sales rose 16.6% to SEK 2,236m, with 6.5% organic growth; adjusted EBITA margin reached a record 15.6%.

• Market-share gains and somewhat stronger underlying demand supported growth; most operating companies improved results, while the Americas remained challenged.

Financial highlights

• Net sales increased 16.6%; acquisitions contributed 9.5 percentage points, currency 0.7 points and organic growth 6.5%.

• Gross margin rose 1.6 percentage points YoY to a record 34.3%.

• Adjusted EBITA increased 28.2% to SEK 349m; adjusted EBITA margin was 15.6% versus 14.2%.

• Profit after tax was SEK 219m versus SEK 142m; EPS increased to SEK 1.16 from SEK 0.75.

• Operating cash flow reached SEK 370m versus SEK 293m, mainly reflecting improved results.

Outlook and guidance

• Gross margin expected to remain high and continue improving; priorities include market-share gains, gradual margin improvement, cost control and strong cash flow.

• Higher purchasing prices from Asia are emerging; increases are expected to be passed on to customers without a negative impact.

• Priorities include value-based pricing, improved customer and product mix, new business and better working capital.