Earnings call transcript: Tången tops Q3 2026 with 69% sales growth
Tången reported a strong third-quarter performance, with sales rising 69% year over year to SEK 597 million. Adjusted EBITA jumped 93% to SEK 83 million, pushing the margin to 13.9% from 12.1% a year ago. The company's net debt remained low at SEK 80 million, funded primarily from operating cash flow for its 2026 acquisitions. Operating cash flow reached SEK 70 million, and cash conversion was 86% in the quarter.
Management highlighted the broad-based growth across all three business areas: Regulatory Expertise, Service Solutions, and Industrial Technology. The nine-month period saw a 61% increase in sales to SEK 1.8 billion and a 93% increase in adjusted EBITA to SEK 254 million, with a 14.1% margin improvement. The company's acquisition program is on track, with one or more acquisitions expected in late 2026 or early 2027.
Management expressed confidence in the company's growth trajectory and its ability to sustain profitability amidst competitive pressures.
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