Fodelia (FODELIA) Q3 2026 earnings summary

Executive summary

• Q3 net sales rose 9.3% to €14.8m; comparable continuing-sales growth was 13.3%, led by Feelia. Operating profit edged up to €0.8m, while margin eased to 5.7% from 6.1%.

• 9M net sales rose 7.8% to €43.7m; operating profit increased 21.5% to €2.2m and margin improved to 5.0% from 4.4%.

Financial highlights

• Q3 EBITA was €0.9m, profit for the period €0.6m and EPS €0.08, versus €0.9m, €0.6m and €0.07, respectively, in Q3 2025.

• 9M EBITA rose 19.5% to €2.4m; adjusted EBITA increased 13.4% to €2.5m. Adjusted profit rose 30.0% to €1.6m, while reported profit declined 34.2% to €0.7m.

• 9M EBITDA increased 9.2% to €3.6m; Q3 EBITDA was €1.2m, down 7.3% YoY.

Outlook and guidance

• FY2026 net sales guidance narrowed to €59m–€61m from €59m–€65m; operating profit is expected to improve significantly YoY.

• Long-term targets are annual sales growth of 15–20% and operating profit margin above 10% in 2028; the €100m sales target moved to 2030 following divestments.

• Guidance assumes continued Feelia growth and Oikia own-brand sales growth; new Oikia contract-manufacturing agreements are expected to support 2027 revenue.

• New Feelia customer wins are expected to support growth in Q4 and next year; Swedish sales contribution is expected to build later next year and beyond.