Sweden's HAKI Safety Q3 sales rise on Combisafe acquisition
Sweden's HAKI Safety Q3 sales rise on Combisafe acquisition
Overview
Sweden safety products group's Q3 net sales rose 8%, driven by Combisafe acquisition
Adjusted EBITA for Q3 fell sharply, weighed by Combisafe integration costs
Company finalized Combisafe acquisition and named new CEO effective Nov 2026
Outlook
Company did not provide specific financial guidance for the current quarter or full year
Result Drivers
ACQUISITION IMPACT - Combisafe acquisition contributed 11% to net sales growth but negatively affected earnings due to restructuring and integration costs
RESTRUCTURING COSTS - SEK 17 mln in restructuring and integration costs for Combisafe weighed on Q3 earnings
ASSET REVALUATION - Operating profit benefited from SEK 36 mln gain as value of acquired assets exceeded purchase price
Company press release: ID:nMFN693BTd
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales |
| SEK 311 mln |
|
Q3 Net Result after Tax |
| SEK 28 mln |
|
Q3 Adjusted EBITA |
| SEK 14 mln |
|
Q3 Cash Flow from Operating Activities |
| SEK 3 mln |
|
Q3 Operating Income |
| SEK 37 mln |
|
Reuters Recommended Reads
Oct 19 - Sweden's Truecaller preliminary Q3 net sales rise 3% yr/yr
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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.)