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Pierce Group Q3 profit quadruples year on year to SEK 8 million

PUBT·11/13/2026 07:31:19
Pierce Group Q3 profit quadruples year on year to SEK 8 million
  • Pierce Group’s third-quarter 2026 profit quadrupled year-on-year to SEK 8 million.
  • Net revenue rose 6% year-on-year to SEK 453 million, driven by higher order volumes.
  • Cash outflow more than doubled year-on-year to SEK 62 million.
  • Quarter-end inventory increased 20% year-on-year to SEK 587 million, while the obsolescence provision fell 56% to SEK 23 million.
  • The group has migrated 10 of its 16 established markets to its new e-commerce platform and launched 14 new markets this year.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pierce Group AB (publ) published the original content used to generate this news brief on November 13, 2026, and is solely responsible for the information contained therein.