Sweden's 4C Group Q3 sales fall as deal delays weigh

4C AB

03/11/2026 06:58

Overview
Sweden organizational readiness provider's Q3 net sales fell 7% yr/yr to SEK 67.3 mln
Q3 EBIT loss narrowed to SEK -6.1 mln as cost savings took effect
Order backlog reached SEK 946.6 mln, supported by new and extended defense contracts

Outlook
4C Group says order backlog at record high, but revenue is lagging behind
Company prioritizes increasing sales and improving cash flow in coming quarters
4C Group to focus new sales resources on Europe amid growing defense budgets

Result Drivers
DEAL CLOSING DELAYS - Co said net sales were affected by continued delays in closing deals, primarily in North America
SEASONAL IMPACT - Lower exercise volumes during summer months contributed to weaker net sales, per CEO Jonas Jonsson
REVENUE RECOGNITION CHANGE - Software revenue was affected by change in contract assessment, resulting in lower net sales but more even revenue distribution

Company press release: ID:nMFNPcCKv

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
SEK 67.30 mln
SEK 85 mln (2 Analysts)
Q3 Net Loss
 
SEK 4.30 mln
 
Q3 EBIT
 
-SEK 6.10 mln
 
Q3 EBIT Margin
 
-9.00%
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for 4C Group AB is SEK8.25, about 27.9% above its November 2 closing price of SEK6.45
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 29 three months ago

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Nov 3 - Sweden's RaySearch Q3 sales rise on higher order intake
Nov 3 - Sweden's NOBA Bank Group Q3 loan portfolio rises on growth across segments
Nov 3 - Swedish game developer Hacksaw Q3 revenue rises 12%

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)