Transtema Group (TRANS) Q3 2026 earnings summary

Executive summary

• Q3 revenue fell 12.6% YoY to SEK 539.9m; adjusted EBITA was SEK 5.3m, with a 1.0% margin, matching the prior-year margin despite lower volumes.

• A non-cash impairment of SEK 193.0m for Norwegian goodwill and customer relationships drove reported operating and net losses.

• Cost-saving and restructuring actions are largely complete; management says they have begun to support profitability and expects their effects to build over time.

Financial highlights

• Q3 revenue was SEK 539.9m, down 12.6% reported and 13.8% organically YoY; 9M revenue was SEK 1,723.3m, down 8.7% reported and 9.3% organically.

• Q3 EBITA was SEK -10.9m versus SEK 5.0m; adjusted EBITA was SEK 5.3m versus SEK 6.0m. 9M EBITA was SEK -33.5m and adjusted EBITA SEK 7.6m.

• Q3 net loss was SEK 210.4m versus SEK 8.1m; 9M net loss was SEK 259.6m versus net income of SEK 4.8m.

• Q3 operating cash flow was SEK 31.1m versus SEK 15.3m; 9M operating cash flow was SEK 47.0m versus an outflow of SEK 38.8m.

Outlook and guidance

• Savings measures are expected to deliver SEK 125m in annual savings; most restructuring actions were complete by Q3, with effects expected to emerge gradually.

• Management entered Q4 with confidence, prioritizing operating efficiency and profitability; Q4 is normally the strongest period as customers complete projects before year-end.

• Long-term growth opportunities are seen in digitalization, security, electrification and connectivity.