Bufab Ab - Tylsä, tylsempi, Bufab?

Strong quarter with record-high operating margin
Third quarter 2026

· Net sales increased by 16.6 percent to SEK 2,236 (1,917) million. Organic growth amounted to 6.5 percent, and order intake was in line with net sales.

· Adjusted operating profit (EBITA) amounted to 349 (272) million, corresponding to an operating margin of 15.6 (14.2) percent.

· Operating profit (EBITA) amounted to 362 (264) million, and the operating margin amounted to 16.2 (13.8) percent.

· Earnings per share amounted to SEK 1.16 (0.75).

· Cash flow from operating activities amounted to SEK 370 (293) million, corresponding to a cash conversion of 100 (108) percent.

· Net debt/EBITDA, adjusted, amounted to 2.2 (2.3).

· During the quarter, Bufab acquired the UK company D.C. Handrails and Ironwork Parts Limited (D.C. Iron), with revenue of GBP 14.8 million (2026)

Tämä on kyllä ihme firma. Muistelin aikanaan EBIT%-marginaalin tavoitteiden olleen jossain reilussa kympissä, mutta nyt oltiin jo 16 pinnassa. Vielä skaalautuu liiketoiminta ja kilpailuetu tuntuu vahvistuvan. Toki kireä hinnoittelukin kuvastaa tätä

6 tykkäystä