Aki Vesikallio
Head of Investor Relations
Welcome to Hiab’s Third Quarter 2026 Results Call. Our comparable operating profit grew strongly through executing our strategy. My name is Aki Vesikallio. I’m from Investor Relations. Today’s results will be presented by our CEO, Scott Phillips; and CFO, Mikko Puolakka. As a reminder, please pay attention to the disclaimer in the presentation as we will be making forward-looking statements. Before handing over to Scott and Mikko, let’s take a look at the highlights of the quarter. Orders received continued to grow in EMEA, while acquisitions boosted orders received in the Americas. Comparable operating profit increased to EUR 69 million, corresponding to 14.2% of sales, while comparable EBITA margin was 15.5% in the quarter.
Cash flow was again strong at EUR 98 million. We keep our outlook for 2026 unchanged. Also, Environmental Vehicle Solutions acquisition was completed in the beginning of the quarter. Hence, it had a significant impact on many of the key figures in the quarter. Let’s then view today’s agenda. First, Scott will present the group level topics. Mikko will go through reporting segments, financials in more detail and then the outlook. After Mikko, Scott will join the stage for key takeaways before the Q&A session. With that, over to you, Scott.
Scott Phillips
President & CEO
Thank you, Aki. And greetings from my side, everyone. I would like to start today by highlighting some of our recent new product innovations, 3 of which we introduced within the quarter. Sorry
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