Finland's Relais Q3 net sales rise 10% on Products and Solutions unit strength

Relais Oyj

28/10/2026 07:15

Overview
Finland vehicle aftermarket acquirer's Q3 net sales rose 10% yr/yr to EUR 111.5 mln
Adjusted EBITA for Q3 rose 5%, margin narrowed to 10.3% from 10.8%
Adjusted EPS excluding acquisitions fell 18% yr/yr to EUR 0.32

Outlook
Relais Group does not provide numeric guidance for 2026 in its press release
Company prioritises efficiency measures in Technical Wholesale and working capital discipline for remainder of 2026
Company says market conditions are mixed, with demand softening in some markets

Result Drivers
SEGMENT PERFORMANCE - Products and Solutions and Commercial Vehicle Services drove earnings growth
ACQUISITIONS - Acquisitions contributed to adjusted EBITA growth, while organic EBITA declined due to Technical Wholesale and higher central costs
TECHNICAL WHOLESALE - Technical Wholesale underperformed, with CEO prioritizing profitability improvements

Company press release: ID:nWkr4L7Cm0

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
 
EUR 111.46 mln
 
Q3 Adjusted EPS
 
EUR 0.32
 
Q3 EBIT
 
EUR 7.63 mln
 
Q3 EBITDA
 
EUR 16.29 mln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."
Wall Street's median 12-month price target for Relais Group Oyj is €16.10, about 32.5% above its October 27 closing price of €12.15
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
Oct 27 - Tyre maker Nokian lifts margin forecast after narrow earnings beat
Oct 27 - Porsche profit rebounds in nine-month period after restructuring costs
Oct 27 - Thailand's September car production drops 6.08% on year

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)