Söder Sportfiske (SODER) Q3 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 earnings summary
23 Oct, 2026Executive summary
Q3 revenue rose 11.8% YoY to SEK 73.1M; adjusted EBIT increased to SEK 9.2M from SEK 5.5M, lifting adjusted EBIT margin to 12.6% from 8.3%.
Management said operational and commercial changes are showing results, with a focus on combining sustainably high profitability with faster growth.
Financial highlights
Q3 net income was SEK 6.2M vs. SEK 3.2M YoY; EPS was SEK 0.73 vs. SEK 0.38.
Jan–Sep revenue increased 6.0% to SEK 193.7M; adjusted EBIT reached SEK 16.3M vs. SEK 12.4M, and net income was SEK 9.5M vs. SEK 6.3M.
Jan–Sep EPS was SEK 1.12 vs. SEK 0.75; EBITDA was SEK 17.0M vs. SEK 13.1M.
Outlook and guidance
Entering Q4 on a more stable operating footing; stated ambition is to pair sustainably high profitability with an increased growth rate.
Product design and development for the spring 2027 season are progressing at a high pace; no numerical forward guidance was stated.
Latest events from Söder Sportfiske
- Q2 2026 saw 6.1% revenue growth, 11% adjusted EBIT margin, and robust international expansion.SODER
Q2 2026 - Sales declined 2.4% with improved gross margin but negative earnings and cash flow.SODER
Q1 2026 - Q4 sales up 14.8%, own brands surged 50%, but margins pressured; 0.80 SEK dividend proposed.SODER
Q4 2025 - Sales dipped 0.8% in Q3, but international growth and strong own brands offset Swedish weakness.SODER
Q3 2025 - Q2 2025 saw lower sales and margins, but strong cash and own brand growth.SODER
Q2 2025 - Q3 sales up 9.4% with renewed Swedish growth, strong cash, and stable margins.SODER
Q3 2024 - Q2 net sales up 5.3% with strong international growth and improved profitability.SODER
Q2 2024 - Net sales up 14% and losses narrowed, with strong own-brand growth and improved margins.SODER
Q1 2025 - Q4 sales up 6.5%, margin pressured, but cash and efficiency improved; new CEO incoming.SODER
Q4 2024