Earnings report 📈 Stocks 🌍 Finland

Inderes Q3 Revenue Climbs 11% as Profitability Guidance Rises

Inderes Oyj posts 11% revenue growth and improved EBITA margins in Q3, driven by software expansion and a recovering market, leading to an upgraded full-year profitability forecast.

🕐 1 min read

1 assets impacted (Stocks). Net bias: 1 Bullish, 0 Bearish, 0 Neutral. Strongest signal: INDERES.HE ↑ 6/10 (62% confidence).

📊 Affected Assets (1)

INDERES.HE
Bullish 🤖 62%
📅 Short-term 🌍 FI · Explicit

Inderes reported strong Q3 2026 performance with 11% revenue growth and a significant 35% increase in EBITA, resulting in an improved margin of 22.4%. The company's strategic focus on the Software business and AI-driven automation has bolstered profitability, leading management to raise their full-year guidance on September 28, 2026. While international expansion remains a challenge, the recovery in IPO activity and strong domestic performance in Finland provide a solid foundation for continued growth.

Catalysts
  • ▲ Increased IPO activity in Helsinki and Stockholm
  • ▲ Growth in the Software business and Videosync platform
Risk Factors
  • ▼ Slower-than-targeted international growth
  • ▼ Transition challenges and price pressure in the Swedish Events business
▼ Show FAQ (3) ▲ Hide FAQ
What is the status of the share buyback program?

The 0.9 MEUR share buyback program has been almost fully executed due to higher-than-expected stock liquidity.

When will the next dividend be paid?

The second dividend installment of EUR 0.23 per share is scheduled for payment on October 29, 2026.

How is the Software business performing?

The Software business is the growth spearhead of the strategy, showing strong performance driven by the Videosync platform and recurring IR Software revenue.

🎯 Key Takeaways

  • Third-quarter revenue grew 11% with EBITA margins reaching 22.4% compared to 18.4% last year.
  • Software business remains the primary growth driver, with recurring revenue rising 9%.
  • Full-year profitability guidance was raised in late September following better-than-expected operational performance.
  • Swedish operations face ongoing transition challenges in the events segment, while Finnish and Danish markets show steady progress.

📝 Executive Summary

Inderes Oyj reported an 11% revenue increase for the third quarter of 2026, bolstered by strong performance in its Software division and recurring revenue growth. The company saw EBITA margins expand to 22.4%, prompting management to raise its full-year profitability outlook. CEO Mikael Rautanen noted that strategic investments are yielding results despite mixed performance in the Swedish events market.

❓ FAQ

What is driving Inderes' current growth?

Growth is primarily driven by the Software business, specifically the Videosync platform and IR Software, alongside a recovery in market activity and increased IPO volume in Helsinki and Stockholm.

How is Inderes managing its capital allocation?

The company is on track with its 1.7 million EUR profit distribution plan, having nearly completed a 0.9 million EUR share buyback program, with a second dividend installment scheduled for late October 2026.