Compagnie de l'Odet (ODET) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue was €936m, up 53% at constant scope and exchange rates; 9M revenue reached €2,580m, up 21% on the same basis.

• Reported revenue growth was 49% in Q3 and 19% in 9M, reflecting scope changes primarily from the December 2025 exit of Ovrsea.

Financial highlights

• Q3 reported revenue increased to €936m from €630m; organic growth was 53%.

• 9M reported revenue increased to €2,580m from €2,177m; organic growth was 21%.

• Scope changes reduced reported revenue by €17m in Q3 and €48m in 9M, primarily following Ovrsea’s exit from consolidation.

Segment performance

• Bolloré Energy Q3 revenue was €851m, up 61% organically; 9M revenue was €2,318m, up 24% organically.

• Industry Q3 revenue was €76m, up 4%; 9M revenue was €232m, up 2% organically, with Films and Systems growth offset by Blue declines.

• Other activities Q3 revenue was €9m, flat organically; 9M revenue was €30m, down 4% organically, reflecting lower real estate revenue.