Consulting and training company BTS reports increased revenue and a significantly improved operating profit in the third quarter, described as the company’s strongest third quarter to date.
Revenue rose 14.4 percent to SEK 716 million (626). Currency-adjusted growth was 13 percent, entirely organic.
EBITA was SEK 81 million (45), with an EBITA margin of 11.4 percent (7.2).
Operating profit, EBIT, was SEK 63 million (27), with an operating margin of 8.8 percent (4.3).
Net profit was SEK 40 million (12).
Earnings per share were SEK 2.12 (0.69).
CEO Jessica Skon states that the strong earnings performance was driven by double-digit revenue growth and productivity improvements from the company’s AI-based workflows. North America performed particularly strongly, while measures to improve profitability in other markets began to yield results.
“Overall, the market situation remains positive as we approach the end of 2026. We are well prepared to benefit from the growth taking place in services for AI implementation. Our capital-efficient business model continues to generate strong cash flows, and the margin improvements we have achieved over the past three quarters show that we are on the right track to reach our long-term EBITA margin target,” says Skon.
BTS reiterates its forecast that full-year EBITA is expected to be significantly better than the previous year.
Key figures, SEK millionQ3 2026Q3 2025ChangeRevenue716626+14.4%Organic growth13%––EBIT6327+136%EBIT margin8.8%4.3%+4.5 percentage pointsEBITA8145+79%EBITA margin11.4%7.2%+4.2 percentage pointsNet profit4012+217%Earnings per share, SEK2.120.69+207%
