Argo Defence Group (Q3 Initial take): Topline miss on timing, margin strength - Redeye
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Argo Defence Group (Q3 Initial take): Topline miss on timing, margin strength - Redeye

Redeye provides its initial take following the release of Argo’s Q3 2026 report, which showed a weaker-than-expected topline as project deliveries were deferred to Q4. Profitability strengthened nonetheless, with the EBITDA margin rising to 21.6% due to a more favourable delivery mix and the normalisation of freight costs, while the order backlog stood at SEK58.2m.

Redeye provides its initial take following the release of Argo’s Q3 2026 report, which showed a weaker-than-expected topline as project deliveries were deferred to Q4. Profitability strengthened nonetheless, with the EBITDA margin rising to 21.6% due to a more favourable delivery mix and the normalisation of freight costs, while the order backlog stood at SEK58.2m.
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