Redeye provides its initial take on Boreo's Q3 2026 report, which was clearly above both our estimates and Inderes' on net sales and adjusted EBITA (operational EBIT). The beat was driven by very strong organic growth in Technical Trade, which fell through to profit with almost no increase in costs. We see the quarter as strong evidence that the model now scales, although cash flow was weak.
LÄS MER
