Earnings call transcript: Cambi posts stronger Q3 2026 results, shares edge higher
Cambi reported stronger Q3 2026 results, with revenue rising 5% year over year to NOK 269 million and EBITDA improving to NOK 45 million. The company highlighted a record-high backlog of NOK 1.556 billion, stronger services growth, and new contract wins in Egypt and Portugal. Services revenue grew 20% year over year, and gross margin held steady at 49%.
Operating profit and net profit increased to NOK 41 million and NOK 28 million, respectively. The quarter showed steady execution with growth in both revenue and profitability, driven by backlog growth and services momentum. Management attributed the positive results to long-term infrastructure spending and regulation, such as the European Union's wastewater directive and the UK's AMP8 framework.
Investors showed cautious optimism, as Cambi's shares rose 1.28% to $23.8, nearing its 52-week high of $24.7. Expected EPS figures were not provided, but the company's financial health rating of "Great" suggests a solid quarter.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
