SinterCast (SINT) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 45.6% YoY to SEK 34.3m as series production recovered and Sampling Cup shipments climbed; operating result increased 175% to SEK 15.4m.

• September annualised production reached 3.8m Engine Equivalents, the highest monthly rate in 25 months; recurring revenue was 91.6% of Q3 revenue.

• 9M revenue increased 6.2% to SEK 86.7m and operating result rose 8% to SEK 29.1m, despite adverse currency movements and prior-year exchange gains.

Financial highlights

• Q3 net income was SEK 12.3m vs SEK 4.3m; EPS was SEK 1.74 vs SEK 0.62.

• 9M net income reached SEK 23.2m vs SEK 20.7m; EPS was SEK 3.29 vs SEK 2.95.

• Q3 recurring revenue rose 53.1% to SEK 31.4m; equipment revenue was SEK 1.9m and engineering service revenue SEK 1.0m.

• 9M cash flow from operations was SEK 27.6m vs SEK 33.5m, with 95% cash conversion of operating result.

Outlook and guidance

• Near-term production is expected to benefit from market recovery, pent-up demand and two new high-volume commercial vehicle programmes scheduled to start in early 2027.

• Growth from new programmes is expected to outpace the overall market recovery; longer-term outlook includes high-volume programme launches in 2030.

• Target increased to 8m Engine Equivalents during 2031; average annual installation revenue in 2026–2027 could exceed the historical level of ~SEK 8m.

• Swedish corporate income tax payments are expected to begin in H1 2028, based on current production forecasts and USD/SEK assumptions.