Infortar (INF1T) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue was €1,403.4m, EBITDA €208.0m, EBIT €117.8m and net income €57.6m; assets were €2,620.9m and equity €1,248.1m at 30 September.

• Q3 revenue was €457.5m vs €467.7m YoY; EBITDA was €87.4m vs €104.9m, EBIT €66.7m vs €64.8m, and net income €50.4m vs €72.2m.

• Litagra was acquired after quarter-end; Tallink passenger and cargo volumes grew, while real estate results were stable with rental income rising.

Financial highlights

• 9M gross profit was €208.0m vs €177.6m YoY; EBITDA margin was 14.2% vs 13.4%, and parent-attributable profit was €58.6m vs €56.5m.

• Q3 parent-attributable profit was €43.4m vs €59.1m YoY; Q3 gross profit was €93.8m vs €95.8m.

• 9M operating cash flow was €162.0m vs €232.3m; cash and cash equivalents were €184.7m at period-end, down from €219.8m at year-end 2025.

Outlook and guidance

• At least 11 LNG deliveries were planned for calendar 2026; eight had reached the Baltic-Finnish region by September, supporting gas supply security.

• Around 100 MW of electricity generation and storage projects were under development; timing and implementation depend on market conditions and other uncertain factors.

• Growth priorities include international expansion, new investments and synergies across existing and new businesses; Litagra adds dairy, crop production and poultry.