Image Systems (IS) Q3 2026 earnings summary

Executive summary

• Q3 sales and earnings fell YoY as cautious customers and weak RemaSawco demand weighed on results; Motion Analysis increased sales and profitability.

• A rights issue raised MSEK 21.4 before costs, strengthening short-term liquidity and funding RemaSawco development projects.

Financial highlights

• Q3 net sales were MSEK 25.5 (41.4), EBITDA MSEK -0.1 (7.1), EBIT MSEK -7.4 (0.9) and profit after tax MSEK -7.8 (0.7).

• 9M net sales were MSEK 73.2 (129.9), EBITDA MSEK -8.0 (12.6) and profit after tax MSEK -30.5 (-5.3); lower RemaSawco sales drove the earnings decline.

• Q3 order intake was MSEK 30.8 (34.2); backlog was MSEK 76.5 (77.4) at September 30, 2026.

Outlook and guidance

• RemaSawco's efficiency programme, including workforce reductions, is expected to take full effect in Q4 2026.

• Long-term objectives are EBITDA margin above 15%, solidity above 50%, and dividends of 20% of profit after tax; achieving the EBITDA objective requires sales growth.

• Cost control, cash-flow improvement and continued priority development are management's near-term focus; development is being balanced against liquidity needs.