Sentia (SNTIA) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 12.9% YoY to MNOK 3,217; EBIT was MNOK 159 and EBT was MNOK 191.

• Q3 order intake was MNOK 3,583, supporting an order backlog of MNOK 18,702; net financial position was MNOK 4,146.

• High activity continued across Norway and Sweden; management emphasized selective project awards, risk management, safe execution and profitability.

Financial highlights

• Q3 EBITDA was MNOK 183 (187), EBIT MNOK 159 (159), EBT MNOK 191 (189) and EPS NOK 1.74 (1.44).

• Q3 profit for the period was MNOK 175 (145), including a MNOK 26 benefit from using previously unrecognized tax losses.

• YTD revenue was MNOK 9,757 (8,615), EBIT MNOK 459 (390), EBT MNOK 560 (504) and EPS NOK 4.56.

• Q3 EBIT margin was 4.9% (5.6%) and EBT margin 5.9% (6.6%); prior-year results benefited from several large project deliveries.

Outlook and guidance

• A solid backlog, strong financial position and attractive project opportunities support selective pursuit and a focus on profitable growth.

• Early-stage development agreements may generate future construction work but are excluded from backlog; selection focuses on risk management and execution capability.

• Norway’s construction market is forecast to grow 4.4% in 2026 and non-residential construction 7.5%; a moderate decline is expected in 2027, followed by recovery in 2028.

• Sweden’s construction market is forecast to grow 3.1% in 2026 and non-residential construction 2.2%; slight decline is forecast for 2027 before recovery in 2028.