Unlimited Travel Group UTG (UTG) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 15.3% YoY, with comparable operations up 10.7%; record gross margin and stronger comparable results were offset by acquisition-related losses and integration costs.

• Confirmed bookings at 30 September were 17% above the prior year, supporting expectations for a strong final quarter.

Financial highlights

• Q3 net sales were SEK 245.3m (212.7m); EBITA was SEK 8.7m (8.9m), profit after financial items SEK 6.3m (7.3m), and net income SEK 6.1m (7.1m).

• Q3 EPS was SEK 0.52 (0.57); comparable EBITA, adjusted for FX and acquisition-related costs, was SEK 11.4m (8.9m).

• 9M net sales were SEK 732.5m (586.4m), up 24.9%; EBITA was SEK 9.0m (6.5m), while net income was a loss of SEK 0.4m (profit of SEK 2.0m).

• 9M EPS was SEK -0.23 (-0.08); comparable EBITA adjusted for FX and acquisition-related costs was SEK 13.7m (6.5m).

Outlook and guidance

• Q4 is normally the strongest period; the outlook cites strong bookings, continued acquisition integration, and converting demand and growth into improved earnings.

• Waterproof Expeditions enters its key Q4 season with strong bookings; prospects for a strong year-end and sustained profitable development were described as very good.

• Management plans to pursue suitable acquisitions, add-on acquisitions and geographic expansion while developing existing businesses for organic growth.