Nordic Flanges Group (NFGAB) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 17.1% YoY to SEK 54.7m; EBITDA increased to SEK 5.7m and EBITDA margin reached 10.4%.

• First-nine-month revenue was SEK 186.3m and EBITDA SEK 19.7m; stronger results improved the equity ratio to 22.9% and reduced net gearing to 1.4x.

• Demand was strong across all three production units, with a higher-than-prior-year order book entering Q4.

Financial highlights

• Q3 revenue was SEK 54.7m (46.7), up 17.1% YoY; 9M revenue was SEK 186.3m (169.9), up 9.7%.

• Q3 EBITDA was SEK 5.7m (3.7), margin 10.4% (8.0%); 9M EBITDA was SEK 19.7m (8.6), margin 10.6% (5.1%).

• Q3 EBIT was SEK 3.3m (2.0), margin 6.0% (4.2%); 9M EBIT was SEK 12.5m (1.0), margin 6.7% (0.6%).

• Net income was SEK 1.3m (0.3) in Q3 and SEK 6.5m (-4.1) for 9M.

• Q3 operating cash flow was SEK -0.7m (1.8); 9M operating cash flow was SEK 7.5m (6.1).

Outlook and guidance

• Strong demand and a higher order book supported a positive Q4 entry; growth opportunities include expanded OEM relationships, new customers and a broader trading assortment.

• Financial targets for the next 3–5 years are annual organic sales growth of 10–15% and an EBITDA margin of 5–12%.

• Automation and efficiency initiatives aim to enable more unmanned machine groups during the year; investments are expected to support new product types and capacity.