Financial Performance

Sandvik Q3 Adjusted EBITA Jumps to SEK 8.5bn on 25% Organic Growth

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Sandvik Q3 Adjusted EBITA Jumps to SEK 8.5bn on 25% Organic Growth

Stockholm – October 31, 2026 -- Sandvik lifted third-quarter adjusted EBITA to SEK 8,477 million from SEK 5,539 million a year earlier, a gain of about 53%, as revenues rose to SEK 37,728 million from SEK 29,218 million.

Revenue grows 25% organically while margins widen

At fixed exchange rates, revenue growth reached 26%, of which 25% was organic. The adjusted EBITA margin improved to 22.5% from 19.0%. Adjusted EBIT rose to SEK 7,997 million from SEK 5,103 million, lifting the adjusted EBIT margin to 21.2% from 17.5%.

Order intake climbs 17% organically to SEK 36,948 million

Order intake increased to SEK 36,948 million from SEK 30,769 million. At fixed exchange rates it grew 17%, and the organic increase was also 17%. Order intake was slightly below quarterly revenues of SEK 37,728 million.

Gates Industrial Lifts 2026 Guidance as Q3 Sales Rise 5.6% to $903.6M

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Gates Industrial Lifts 2026 Guidance as Q3 Sales Rise 5.6% to $903.6M

DENVER – October 30, 2026 -- Gates Industrial Corporation (NYSE: GTES) raised its full-year 2026 guidance after third-quarter net sales climbed 5.6% to $903.6 million, with core sales up 5.5%.

Adjusted EBITDA margin reaches 23.8% on $215.4 million

Adjusted EBITDA for the quarter ended September 26 came to $215.4 million. Net income from continuing operations was $91.6 million, a 10.1% margin. Net income attributable to shareholders was $86.5 million, or $0.34 per diluted share, while Adjusted Net Income per diluted share was $0.47.

Industrial OEM sales grow high-teens as aftermarket accelerates

CEO Ivo Jurek said the team "executed well" in the quarter, producing mid-single-digit sales growth and a significant gross profit margin increase over the prior-year period. Sales in the Industrial OEM channel rose high-teens year over year. Growth in the Industrial Aftermarket channel accelerated from the previous quarter.

Landis+Gyr Lifts EBITDA Margin Guidance After Record Q2 Gross Margin

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Landis+Gyr Lifts EBITDA Margin Guidance After Record Q2 Gross Margin

CHAM, Switzerland – October 30, 2026 -- Landis+Gyr Group AG (SIX: LAND) raised its FY 2026 adjusted EBITDA margin guidance to 15.0%-16.0% after posting a record adjusted gross margin of 38.0% in the second quarter, even as first-half net revenue fell 6.3% year-over-year to $501.4 million.

Second-quarter revenue reaches $269.2 million with order intake of $170.3 million

The quarter ended September 30, 2026 delivered net revenue of $269.2 million. Order intake in the period totaled $170.3 million, according to the unaudited results.

CEO Peter Mainz attributed the first-half revenue decline to timing of the transition between two major customer deployments. He said the top line was in line with expectations.

First-half adjusted gross margin expands 370 basis points to 37.7%

Adjusted gross profit rose 4.0% to $189.2 million for the half-year. Adjusted EBITDA grew 3.5% to $73.9 million, a 14.7% margin that is up 140 basis points.

DXC Q2 Revenue Falls 4% to $3.03B as Insurance Sale Talks Emerge

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DXC Q2 Revenue Falls 4% to $3.03B as Insurance Sale Talks Emerge

ASHBURN – October 30, 2026 -- DXC Technology (NYSE: DXC) reported second-quarter fiscal 2027 revenue of $3.03 billion, down 4.0% year over year and on an organic basis, while adjusted EBIT fell 26.4% to $187 million. The company also confirmed ongoing discussions about a possible sale of its insurance business.

Adjusted EBIT margin of 6.2% accompanies a 52.2% drop in reported EBIT

Reported EBIT was $66 million, a 2.2% margin and down 52.2% year over year. Adjusted EBIT margin was 6.2%. Diluted earnings per share were $0.15, and non-GAAP diluted EPS was $0.67, down 20.2%.

CEO Raul Fernandez said revenue, adjusted EBIT and non-GAAP EPS came in above the company's expectations. He cautioned that "core revenue recovery will take time." He added that the revenue ramp for agentic AI solutions is clearer in average deal size, close-cycle timing and pace of follow-on work.

TriNet Q3 Revenue Falls 5% as Worksite Employees Drop 11%

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TriNet Q3 Revenue Falls 5% as Worksite Employees Drop 11%

Dublin, California – October 29, 2026 -- TriNet Group (NYSE: TNET) reported a 5% year-over-year decline in third-quarter revenue to $1.2 billion, while worksite employees fell 11% to approximately 295,000, yet the HR outsourcing provider reaffirmed its full-year 2026 guidance.

Earnings and margins contract year over year

Net income fell to $31 million, or $0.65 per diluted share, from $34 million, or $0.70, a year earlier. Adjusted Net Income dropped to $44 million ($0.94 per diluted share) from $55 million ($1.11).

Adjusted EBITDA declined to $89 million from $100 million, and the Adjusted EBITDA Margin narrowed to 7.6% from 8.2%. Professional service revenues decreased 7% to $157 million.

Operating cash flow rises 11% to $80 million

Net cash provided by operating activities increased 11% to $80 million, producing $53 million in Free Cash Flow.

Quad/Graphics Lifts 2026 Sales Outlook as Q3 Adjusted EPS Rises 13%

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Quad/Graphics Lifts 2026 Sales Outlook as Q3 Adjusted EPS Rises 13%

SUSSEX, Wis. – October 29, 2026 -- Quad/Graphics (NYSE: QUAD) raised the midpoint of its full-year 2026 Adjusted Annual Net Sales Change guidance from -3% to -2%, after third-quarter Net Sales of $587 million held essentially flat against $588 million a year earlier.

Adjusted Diluted Earnings Per Share rose 13% to $0.35 from $0.31. Net Earnings fell to $6 million, or $0.11 per diluted share, from $10 million, or $0.21, on higher restructuring, impairment and transaction-related charges, net.

Quad narrows EBITDA and free cash flow guidance within original ranges

Besides the sales change, the company narrowed Adjusted EBITDA and Free Cash Flow guidance within its original ranges. It maintained its year-end 2026 Net Debt Leverage Ratio target at approximately 1.5x.

Equinix Raises 2026 Guidance as Q3 Bookings Jump 35% to $533M

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Equinix Raises 2026 Guidance as Q3 Bookings Jump 35% to $533M

REDWOOD CITY – October 29, 2026 -- Equinix raised its full-year 2026 guidance for the third consecutive quarter after record annualized gross bookings of $533 million, up 35% year over year, and third-quarter revenue of $2.571 billion.

Revenue rises 11% as profit measures grow faster

Revenue increased 11% year over year as reported and 12% on a normalized and constant currency basis. Operating income climbed 27% to $600 million. Net income attributable to common stockholders rose 31% to $489 million, or $4.93 per share, up 29%. The result includes a non-recurring fee earned in connection with the atNorth joint venture investment.

Vail Resorts Net Income Drops 47% After Historic Rockies Drought

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Vail Resorts Net Income Drops 47% After Historic Rockies Drought

Broomfield, Colo. – September 28, 2026 -- Vail Resorts, Inc. (NYSE: MTN) reported fiscal 2026 net income of $147.5 million, down from $280.0 million a year earlier, as the western U.S. ski industry endured what CEO Rob Katz called one of the most challenging winters in history.

Resort Reported EBITDA falls 11.7% to $745.7 million on weather losses

Full-year Resort Reported EBITDA declined $98.5 million to $745.7 million, including $11 million in one-time costs tied to the company's resource efficiency transformation plan. Resort Net Revenue fell $131.9 million, or 4.5%, driven by historically low snowfall and snowpack in the Rockies and Tahoe regions. Total lift revenue dropped 3.5% even as visitation fell 13.4%, cushioned by a 3.9% increase in pass revenue. In Australia, cumulative snowfall during the fourth quarter came in roughly 57% below the 10-year average, pressuring visitation despite growth in Australian pass sales.

Stepan Raises Quarterly Dividend to $0.405, 59th Straight Annual Increase

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Stepan Raises Quarterly Dividend to $0.405, 59th Straight Annual Increase

Northbrook, Illinois – October 29, 2026 -- Stepan Company (NYSE: SCL) has declared a quarterly cash dividend of $0.405 per share, extending its record of annual dividend increases to 59 consecutive years.

Stepan lifts the fourth-quarter 2026 payout by $0.010 per share

The board approved the increase in the fourth quarter of 2026. The dividend is payable on December 15, 2026, to common stockholders of record on December 1, 2026.

Specialty chemicals maker keeps its payout streak running through restructuring

Stepan is a merchant producer of surfactants, the key ingredients in consumer and industrial cleaning and disinfection products and in agricultural and oilfield solutions. It also supplies polyurethane polyols to the thermal insulation market and to the CASE (Coatings, Adhesives, Sealants, and Elastomers) industries. Production runs through facilities in North and South America, Europe and Asia.

Valmet Q3 Orders Jump 30% to EUR 1.41 Billion as Split Review Advances

ESPOO – October 29, 2026 -- Valmet Oyj's third-quarter orders received rose 30 percent to EUR 1,408 million (EUR 1,083 million), or 25 percent organically, while comparable EBITA climbed 6 percent to EUR 169 million (EUR 159 million).

Biomaterial capital orders reach EUR 552 million on China and Asia-Pacific wins

Growth came from strong biomaterial services intake, continued expansion in Process Performance Solutions and a strong quarter in biomaterial capital projects. Biomaterial capital orders totaled EUR 552 million, including major project wins in China and Asia-Pacific. Biomaterial services orders grew 12 percent organically, with growth across regions, service categories and business areas.

Process Performance Solutions posted 3 percent organic order growth in a low-growth market and a comparable EBITA margin of 20.2 percent.