Getinge Interim Report July-September 2026: Increased profitability, strong cash flow and higher customer satisfaction

GOTHENBURG, Sweden, Oct. 21, 2026 /PRNewswire/ -- "We delivered organic growth both in order intake and in sales during the quarter, at the same time we increased profitability and generated strong cash flow." says Mattias Perjos, President & CEO of Getinge.

Sales growth was primarily driven by Acute Care Therapies while Surgical Workflows contributed with a stable order intake, mainly within operating room equipment.

The situation for Life Science remains mixed – the high-margin Sterile Transfer category performed strongly, while the project-based and capital-intensive product category of WIS, which includes washer-disinfectors, was impacted by the persistently low level of investment activity in the pharma segment," says Mattias Perjos, President & CEO of Getinge.

The adjusted EBITA margin strengthened sharply, rising to 15.1%, and was positively impacted by tariff refunds of SEK 45 M and year-on-year currency effects of approximately SEK 36 M. Even excluding these factors, the margin improved by more than 1 percentage point to 14.3%, which reflects the sustained positive underlying performance of the operations.

"The improvement was driven by a favorable mix, price discipline and productivity improvements. Improved profitability, together with a positive development in working capital, contributed to strong cash flow," says Perjos.

In the latter part of the quarter Getinge initiated the launch of Cardiohelp II – the medtech company's next generation ECLS therapy platform – in CE countries and Hong Kong. Customer feedback has been positive.

"We also received 510(k) clearance for a new Edi catheter, which can be used together with our ventilators to support breathing for premature infants weighing as little as 500-1000 grams," tells Perjos. "It is increasingly important for us as a trusted partner in healthcare to show how our solutions can help increase productivity."

During the quarter, Torin Plan Optimizer launched, an AI-powered system designed to manage resources more efficiently and make surgical workflows more predictable during surgeries.

"Getinge's greatest strength lies in the work my colleagues around the world do every day in close collaboration with our customers. Against the backdrop of an uncertain global environment, I am therefore particularly pleased that we have achieved all-time highs in both customer satisfaction and employee engagement. At the same time, our ongoing dialogue with customers supports our decision to maintain our outlook for organic net sales growth of 3–5% for the full year 2026," concludes Perjos.

July-September 2026 in brief

- Net sales increased organically by 2.1% (9.5) and the order intake rose by 2.6% organically (4.7)

- Adjusted gross profit amounted to SEK 4,343 M (4,051) and the margin was 51.4% (49.2)

- Adjusted EBITA was SEK 1,278 M (1,079) and the margin 15.1% (13.1)

- Adjusted earnings per share amounted to SEK 3.10 (2.42)

- Free cash flow amounted to SEK 1,302 M (793)

Phone Conference

A conference call will be held on October 21, at 10.00-11.00 a.m. CEST hosted by Mattias Perjos, President & CEO, and Agneta Palmér, CFO.

To participate via teleconference, please register via this link. After registration, you will be provided with telephone numbers and a conference ID to access the conference. You can ask questions verbally via the telephone conference.

During the conference call a presentation will be held. To access the presentation through webcast, please use this link. A recorded version can be accessed here for 3 years.

Contact information:

David Kördel, Head of Investor Relations

Phone: +46(0)10 335 0077

E-mail: [email protected]

This information is such that Getinge AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the agency of the contact person set out above, on October 21, 2026, at 08.00 CEST.

About Getinge

With a firm belief that every person and community should have access to the best possible care, Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs approximately 12,000 people worldwide and the products are sold in more than 135 countries.

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WuXi Biologics Receives Top-Honor Jade Award at The Asset Corporate Sustainability Leadership Awards 2026

- Also Named Best in Transition (Hong Kong)

- Recognized for ESG Leadership and Green and Digital Transformation

SHANGHAI, Oct. 21, 2026 /PRNewswire/ -- WuXi Biologics (2269.HK), a leading global Contract Research, Development and Manufacturing Organization (CRDMO), today announced that it received the top-honor Jade Award at The Asset Corporate Sustainability Leadership Awards 2026, as well as the Best in Transition (Hong Kong) award. WuXi Biologics is the only pharmaceutical company among this year's Jade Award recipients.

The Jade Award — the program's highest distinction — is conferred on organizations that integrate sustainability into strategy and operations, and demonstrate outstanding leadership in governance, resilience, innovation, transformation and long-term value creation. For WuXi Biologics, the award reflects recognition from investors and the industry of the company's continued enhancement of ESG governance, commitment to transparent and responsible global operations, and use of sustainability to strengthen long-term competitiveness.

Dr. Chris Chen, CEO of WuXi Biologics and Chairman of its ESG Committee, commented, "We are honored to receive this recognition from The Asset. Sustainability is integral to our mission of enabling our clients and benefiting patients. WuXi Biologics will continue to strengthen ESG governance and advance its Green CRDMO solutions. Through innovation and responsible operations, we aim to support the pharmaceutical industry's green transition while working with global partners to create long-term value."

WuXi Biologics has established a four-tier governance structure led by its ESG Committee. This integrated management framework spans strategy formulation, resource allocation, professional implementation and business execution, embedding sustainability into strategic decision-making and day-to-day operations. The Company's advanced ESG governance and sustainability performance have earned global recognition, including an MSCI AAA rating, an EcoVadis Platinum Medal, and Morningstar Sustainalytics' highest "Negligible Risk" rating and recognition as an Industry and Regional ESG Leader, as well as inclusion in the Dow Jones Best-in-Class World Index and Emerging Markets Index.

The Asset Corporate Sustainability Leadership Awards' Best in Transition award further recognizes WuXi Biologics' progress in green and digital transformation. Through its end-to-end Green CRDMO solutions, the Company embeds green principles throughout the biologics research, development and manufacturing lifecycle. It continuously enhances resource efficiency and environmental performance through Green technology innovation, energy efficiency, renewable energy adoption and value-chain collaboration. WuXi Biologics also integrates digitalization with sustainability through a digital Smart ESG management platform, which strengthens data integration, dynamic monitoring and analysis, improving ESG information management efficiency and decision quality to support long-term sustainable development.

About WuXi Biologics

WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide*.

With over 14,000 employees in China, the United States, Ireland, Germany, and Singapore, including experts and scientists in biologics R&D and manufacturing, technology innovation, and operational excellence, WuXi Biologics leverages its technologies and expertise to deliver efficient, cost-effective, and scalable biologics solutions tailored to meet clients' needs. By embedding digital capability and infrastructure across the full biopharmaceutical value chain, the company turns data, computation, and prediction into transparent client experience, faster development, intelligent operations, and more efficient manufacturing. As of June 30, 2026, WuXi Biologics is supporting 1064 integrated client projects, including 78 in Phase III and 28 in commercial manufacturing, with complex modalities representing more than half of the entire project portfolio.

WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while demonstrating exemplary Environmental, Social and Governance (ESG) practices. Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts, and promote responsible practices that empower the entire value chain.

For more information about WuXi Biologics, please visit: www.wuxibiologics.com.

*The winner of the "2026 Biologics CDMO of the Year" (Large CDMOs) (Life Science Connect / Outsourced Pharma)

*The winner of the "2026 Best Contract Development & Manufacturing Organization Award" (ABEA)

Contacts

Media

[email protected]

SOURCE WuXi Biologics

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Valvoline™ Global Operations joins FIFA Women's World Cup Brazil 2027™ as Official Supporter

Powered by Originals: Valvoline™, The Original Motor Oil1, partners with U.S. Women's National Team midfielder Rose Lavelle to celebrate the athletes, fans, and trailblazers shaping the future.

LEXINGTON, Ky., Oct. 21, 2026 /PRNewswire/ -- Valvoline™ Global, The Original Motor Oil1, and worldwide leader in automotive and industrial solutions, today announced its role as an Official Supporter of the FIFA Women's World Cup Brazil 2027™, celebrating the athletes, fans and trailblazers shaping the future of the game. The brand's multi-faceted sponsorship is headlined by U.S. Women's National Team midfielder, Rose Lavelle, who will serve as a brand ambassador throughout the tournament.

"The FIFA Women's World Cup Brazil 2027™ will showcase extraordinary talent, inspire future generations, and bring people together across cultures and borders," said Jamal Muashsher, President and CEO, Valvoline Global. "We believe progress is powered by originals: the athletes, innovators and trailblazers who refuse to settle and who create their own path. We're honored to celebrate and spotlight the originality, determination and performance that have fueled the remarkable growth of women's soccer around the world."

The tournament will bring together 32 teams from six continents in Brazil from June 24 through July 25, 2027, marking the first FIFA Women's World Cup™ ever held in South America.

Building on the momentum of its FIFA Men's World Cup 2026™ sponsorship, Valvoline Global will engage fans across the Americas and Europe through promotions and experiences to be announced in the coming months.

Original Icon of the Game: Rose Lavelle

U.S. Women's National Team star Rose Lavelle embodies the spirit of originality that is rooted in Valvoline's 160-year heritage. A Cincinnati-area native whose creativity, authenticity and fearless style of play have made her one of the defining players of her generation, Lavelle will bring energy to fan experiences throughout the tournament lifecycle.

The partnership carries special significance as Valvoline Global focuses on the future as it begins its next chapter in Cincinnati. Following the company's recent announcement that it will establish its new global headquarters in the city, the collaboration brings together one of soccer's most recognizable athletes and a company investing in the future of a community they both proudly call home.

"Rose's journey from Greater Cincinnati to the pinnacle of world soccer is a story of talent, determination and staying true to yourself," Muashsher said. "We're proud to partner with an athlete whose roots reflect the same values: a mindset of refusing to settle, a commitment to performance, and a persistent drive to move forward."

Together, Valvoline Global and Lavelle will celebrate the athletes, dreamers and trailblazers whose individuality and passion continue to transform the game and inspire the next generation.

Click here to learn more about Valvoline Global's role as an Official Supporter of the FIFA Women's World Cup Brazil 2027™.

About Valvoline™ Global Operations

Valvoline™ Global, being America's first branded motor oil, is powering the next generation of mobility through innovation for customers in 140+ countries and at more than 80,000 points of distribution. A worldwide leader in future-ready automotive and industrial solutions and best-in-class services for partners around the globe, our legacy of firsts spans 160 years.

With solutions available for every engine and drivetrain, from high-mileage and heavy duty to electric vehicles, Valvoline™ Global is inventing the way forward for mobility and beyond, expanding its heat transfer solutions to high-performance computing.

Together with our parent company Aramco, one of the world's largest integrated energy and chemicals companies, we are driving unparalleled product innovation and sustainable business solutions for what the future holds – on and off the road.

Learn more by following us on Instagram, Facebook and LinkedIn.

Valvoline™ is a trademark of Valvoline Global or its subsidiaries, registered in various countries. FIFA Women's World Cup™, FIFA™ and related marks are trademarks of FIFA. All other trademarks are the property of their respective owners.

1All references to "The Original Motor Oil" in this article is referenced in the context of celebrating Valvoline's heritage as being America's first branded motor oil.

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MUNICH and NUREMBERG, Germany, Oct. 21, 2026 /PRNewswire/ -- Every day, millions of people rely on technologies that quietly work together. The data center, the charging station, the hospital and the factory floor are linked more closely than ever, and each depends on the connections that carry power and data between them. SINBON Electronics, a global provider of customized interconnect and system integration solutions, will show how those connections create real impact at electronica 2026 in Munich (November 10–13) and SPS Smart Production Solutions 2026 in Nuremberg (November 24–26). From renewable energy and e-mobility to energy-efficient automation, SINBON's solutions help customers move toward a low-carbon future.

electronica 2026 | Munich, November 10-13

From data centers to hospital wards, and from rooftops to roadsides, SINBON's solutions sit inside the systems people depend on every day. Customized connectors power AI servers, cabling solutions for solar and energy storage systems help bring clean power to homes and the grid, EV charging cables and battery swapping cabinets keep vehicles and autonomous devices moving, diagnostic imaging cables support accurate scans, and robotics interconnect solutions keep collaborative robots at work. At electronica, visitors will see how each connection leads to real impact, and how, together with its partners, SINBON is turning every connection into a step toward a more sustainable future.

SPS 2026 | Nuremberg, November 24-26

At SPS, the focus moves from connections to complete systems. Under the theme "Engineering Connections. Empowering the AI Smart City.", SINBON will show how its end-to-end solutions, from design to full system integration, keep a smart city running: driving precision and productivity on the factory floor through semiconductor equipment, automation and robotics; supporting construction and agricultural machinery in the field; keeping transportation moving; and managing energy and cooling for the data centers behind AI.

Connections That Last

Since 1989, SINBON has grown from a component specialist into a full solution partner. With operations across Asia, Europe and the Americas, it combines local engineering support with global manufacturing and rigorous quality standards.

Today, SINBON works with customers from the first concept, bringing application engineering, system integration and manufacturing together to turn complex requirements into reliable, scalable solutions. As a sustainable solution provider, it considers environmental impact from the earliest design stage. SINBON now invites more partners to join its problem-solving network because meaningful impact is never created alone.

Visit us at:

electronica 2026

Messe München | Hall A3, Booth 341 | November 10-13, 2026 | Munich, Germany

SPS Smart Production solutions 2026

Nuremberg Exhibition Centre | Hall 10, Booth 325 | November 24-26, 2026 | Nuremberg, Germany

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Skanska to construct a new waterfront connection in New York, USA, for USD 163M, about SEK 1.5 billion

STOCKHOLM, Oct. 21, 2026 /PRNewswire/ -- Skanska has signed a contract with the New York City Department of Design and Construction to construct a new waterfront connection in New York City, USA. The contract is worth USD 163M, about SEK 1.5 billion, which will be included in the US order bookings for the fourth quarter 2026.

The East Side Greenway 14th Street Connector will provide a safe, accessible, and continuous waterfront connection between East River Park and Captain Patrick J. Brown Walk. The project includes construction of a new esplanade along the East River, featuring a shared pedestrian and bicycle path, improved landscaping, lighting, seating, and other public amenities. This critical infrastructure improvement will enhance connectivity, expand waterfront access, and improve the quality of life for New Yorkers and visitors alike.

The design engagement will soon begin, with the anticipated groundbreaking in early 2028. Completion is targeted for the end of 2030.

For further information please contact:

Chris Mckniff, Communications Director, Skanska USA, tel +1 (347) 409 2719

Andreas Joons, Press Officer, Skanska AB, tel +46 76 870 75 51

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com/group.

This information was brought to you by Cision http://news.cision.com

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KingClean Debuts at the 140th Canton Fair with One-Stop ODM Solutions for Global Brands

GUANGZHOU, China, Oct. 21, 2026 /PRNewswire/ -- KingClean, a global leader in home appliances and cleaning solutions, showcased its latest smart home product line at the 140th Canton Fair, which includes cleaning appliances, kitchen and coffee equipment, drinking equipment, personal care and air comfort products. During the exhibition, KingClean held in-depth discussions with global channel partners at Booths E30–36 and F13–19, Hall 2.2, Zone A.

KingClean showcased over 40 innovative products. The cleaning appliances exhibition area covers cordless stick vacuum cleaners with docking stations, upright 3-in-1 wet-and-dry vacuum cleaner with steam, spot cleaner with steam, cordless mattress cleaners and canister. The kitchen appliance exhibition area showcases products such as cooking robot, commercial blenders, and fully automatic coffee machines. The water & beverage solutions area presents desktop intelligent water purifiers with functions of water purification, sparkling water, ice making, and tea brewing. In addition, KingClean balances personal care with environmental comfort, showcasing water-ion turbofan hair dryers, desktop air purifiers, and smart air circulation fans.

The collaboration between high-performance cleaning equipment and intelligent base stations is the key direction of this exhibition. The exhibits include cordless vacuum cleaners equipped with high-power motors, dust‑cup or dust‑bag docking stations, charging and automatic cleaning functions, as well as floor cleaning vacuum cleaners that integrate functions of steam cleaning, automatic water refilling, and hot air drying. Multiple reference models intuitively demonstrate how the same technology platform can flexibly adapt to different power levels, structural schemes, and accessory configurations.

KingClean also showcased a series of home fully automatic coffee machines, smoothies and ice-making equipment, as well as desktop intelligent beverage purifiers that supported flexible combinations of sparkling water, ice water, tea brewing, and coffee related modules in the beverage area. These exhibits could be further customized based on the customer's beverage menus, usage frequency, and after-sales mode.

"We connect globally through innovative products, focusing on smart solutions that improve life and strengthen our leadership in the smart home industry" said Nate Yang, Senior Marketing Director at KingClean Electric Co., Ltd.

About KingClean

KingClean was founded in 1994 and is headquartered in Suzhou, China. The company specializes in high-end smart home appliances and mechatronic products, with motor as our core technology.

For more information, visit http://www.kingclean.com.

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Husqvarna Group: INTERIM REPORT JANUARY - SEPTEMBER 2026

STOCKHOLM, Oct. 21, 2026 /PRNewswire/ --

Consistent strategy execution in a continued challenging market

Third quarter 2026

- Net sales decreased organically by 5%.

- Net sales decreased by 2% to SEK 9,012m (9,204), and included a positive impact of 3% from changes in exchange rates.

- Operating income amounted to SEK -334m (141) and the operating margin was -3.7% (1.5).

- Items affecting comparability (IAC) amounted to SEK -88m. These were primarily related to the execution of cost-saving initiatives.

- Excluding IAC, operating income amounted to SEK -246m (140), and the operating margin was -2.7% (1.5).

- Earnings per share (EPS) after dilution amounted to SEK -0.70 (-0.02) and EPS excluding IAC and after dilution amounted to SEK -0.58 (-0.02).

- Free operating cash flow was SEK 2,422m (2,423).

- Net debt was SEK 9.4bn (9.9).

January – September 2026

- Net sales decreased organically by 2%.

- Net sales decreased by 5% to SEK 37,356m (39,184), and included an impact of -3% from changes in exchange rates.

- Operating income amounted to SEK 2,977m (3,735) and the operating margin was 8.0% (9.5).

- Items affecting comparability (IAC) amounted to SEK -445m. These were primarily related to the execution of cost-saving initiatives.

- Excluding IAC, operating income amounted to SEK 3,421m (3,742), and the operating margin was 9.2% (9.5).

- IEEPA-related tariff refunds of SEK 240m were recognized in COGS during the second quarter.

- Earnings per share (EPS) after dilution amounted to SEK 3.14 (4.43) and EPS excluding IAC and after dilution amounted to SEK 3.74 (4.44).

- Free operating cash flow was SEK 4,891m (4,743).

CEO Comment

We are making solid progress on our strategic priorities. Our cost savings program remains on track, recent product launches are receiving encouraging customer feedback, and we are broadening our presence across sales channels. Although these measures have not yet fully offset current market headwinds, they reinforce our confidence in the Group's long-term competitiveness and prospects.

Financial performance summary

Net sales were SEK 9,012m (9,204), representing an organic decline of 5% in the quarter, primarily driven by continued weakness in Europe. Organic sales in the Husqvarna Forest & Garden Division declined by 10%, sales in the Husqvarna Construction Division were unchanged, while the Gardena Division delivered solid organic growth of 8%. Performance in the Husqvarna Forest & Garden Division was significantly affected by the widespread drought across large parts of Europe and continued weak consumer demand in key markets, including Germany and France. In contrast, strong growth in the Gardena Division's Watering business highlighted the resilience of our diversified portfolio, gaining market shares in key markets, and the Husqvarna Construction Division has continued good momentum in its aftermarket business. I am also encouraged by continued growth across all three divisions in North America.

Operating income excluding IAC was SEK -246m (140), corresponding to a margin of -2.7% (1.5). The result reflected lower volumes in the Husqvarna Forest & Garden Division, an unfavorable product mix, inventory reductions and cost increases on raw materials and logistics costs. Free operating cash flow was stable at SEK 2,422m (2,423), as lower operating income was offset by changes in working capital, primarily driven by reduced inventories. We further strengthened the balance sheet, reducing net debt to SEK 9.4bn (9.9).

Executing on cost savings while navigating cost headwinds

Our transformative cost savings program remains on track to deliver SEK 3bn in gross savings by the end of 2028. Year-to-date savings reached approximately SEK 935m, including around SEK 305m in the third quarter, driven mainly by sourcing activities and personnel reductions. However, lower volumes, inventory reductions and cost headwinds continue to weigh on profitability. We are responding with targeted price increases, supply chain actions and product cost optimization, which will partly offset these pressures, although near-term headwinds are expected to remain.

We are advancing our asset-light strategy through further outsourcing initiatives. We will transfer production of selected Husqvarna-branded battery handheld products from Europe to Asia, using both our own facilities and external partners to enhance efficiency and competitiveness.

In addition, the ongoing discontinuation of the stone diamond tool business in the Construction Division, the phase-out of our Brastad component factory in the Husqvarna Forest & Garden Division and relocation of selected activities within Gardena's European manufacturing network are progressing according to plan.

Unlocking the next phase of robotics growth

Our robotic lawn mowing business faced a difficult quarter, with adverse weather, competitive headwinds, and elevated channel partner inventories in Europe constraining demand for Husqvarna- and Gardena-branded products. Although recent performance has fallen short of expectations, we remain the clear market leader and we are confident in our strategy and longer-term development.

The strategic review of the Powered Garden BPU in the Gardena Division is ongoing and we aim to provide an update in the beginning of next year. Our priorities in the Husqvarna Forest & Garden Residential Robotics BPU include expanding our retail footprint and product range across price points and channels, strengthening the robotics organization and development model.

During the quarter, the US became the largest market in terms of sales for our Professional Robotics BPU, driven mainly by continued growth in the golf segment. Upcoming product launches and broader US distribution are expected to further strengthen our competitive position next season. We are also encouraged to be the first robotics company to receive conditional approval from the Federal Communications Commission (FCC) for foreign-produced advanced robotic devices in the US market.

Building a stronger, more competitive Husqvarna Group

We are accelerating change across the Group to create a leaner, more agile and asset-light organization. By challenging established ways of working, simplifying operations and acting decisively, we are strengthening competitiveness and profitability in the longer-term. Significant work remains, but I am confident we are moving in the right direction.

When consumer sentiment recovers, particularly in Europe, we will be well positioned to capture growth and improve earnings.

Glen Instone, CEO

Webcast presentation and telephone conference

A webcast presentation of the Q3 report hosted by Glen Instone, CEO and Patrik Johnson, CFO will be held at 9:00 CEST on Oct 21, 2026.

To view the presentation, please use this link.

The dial-in to the telephone conference (to ask questions):

+46 (0) 8 505 100 31 (Sweden) or +44 203 059 58 63 (UK)

Contact

Emelie Alm, Vice President, Investor Relations

+46 70 514 64 14

Husqvarna AB (publ), P.O. Box 7454, SE-103 92 Stockholm

Hälsingegatan 49, +46 8 738 90 00, www.husqvarnagroup.com

Reg. Nr: 556000-5331

(NASDAQ STOCKHOLM: HUSQ-A) (NASDAQ STOCKHOLM: HUSQ-B)

This report contains insider information that Husqvarna AB is required to disclose under the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 07:00 CEST on Oct 21, 2026.

Factors affecting forward-looking statements

This report contains some forward-looking statements. These statements are subject to risks and uncertainties that may give rise to major deviations in the result due to several aspects. These aspects include, among other things: consumer demand and market conditions in the geographical areas and lines of business in which Husqvarna operates, the effects of currency fluctuations, downward pressure on prices due to competition, success in developing new products, outcome of product responsibility litigation and progress in terms of reaching the goals set for productivity and efficient use of capital.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/husqvarna-group/r/interim-report-january---september-2026,c4412543

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SKF Q3 2026: Improved margin and selectively higher demand

GOTHENBURG, Sweden, Oct. 21, 2026 /PRNewswire/ -- Comments and figures in this report refer to SKF Group's continuing operations unless otherwise stated. The Automotive segment is reported as discontinued operations and as assets/liabilities held for distribution. The income statement and cash flow statement have been updated for comparative periods, whilst the balance sheet has been updated per September only. Related key figures have been adjusted accordingly.

Q3 2026

- Net sales: MSEK 17,467 (16,562)

- Organic growth: 4.3% (3.7%). Driven by both positive demand as well as solid price/mix contribution.

- Adjusted operating profit: MSEK 2,845 (2,553). Driven by strong commercial execution, especially within Specialized Industrial Solutions (SIS).

- Adjusted operating margin: 16.3% (15.4%).

- Net cash flow from operating activities: MSEK 2,076 (1,780). Mainly driven by improved operating result, partly offset by working capital build-up.

1) SKF Group including discontinued operations.

2) Based on the balance sheet by the end of the period and not 12 months' rolling average.

Rickard Gustafson, President and CEO:

"We delivered 4.3% organic growth and increased adjusted operating margin by 0.9 percentage points to 16.3%, year-over-year, supported by strong commercial execution. We are also bringing forward our BSEK 2 annual savings target by six months, to mid-2027. Shareholder approval of the SKF Vertevo distribution at the EGM marked an important milestone.

Growth in selected markets supports improved margin

Ahead of the planned listing of SKF Vertevo on Nasdaq Stockholm on 1 December 2026, the Automotive business is reported as Discontinued operations from Q3. Looking at our Continuing operations, i.e. our industrial business, organic sales growth was 4.3%, driven by both volume and solid price/mix. We saw higher demand in selected OEM markets, including drives connected to data centers, infrastructure, as well as security and defence.

Bearing Solutions grew by 2.8%, with continued growth in India and Southeast Asia and further improvement in the OEM market in the Americas. Development was broadly unchanged in Europe, Middle East and Africa, as well as in China and Northeast Asia. Specialized Industrial Solutions (SIS) continued its strong performance where organic sales increased by 8.3%, growing across all business units and particularly in Aerospace and Magnetic Solutions. It's worth noting that in Magnetic Solutions, we continue to strengthen our position by expanding production capacity and increasing automation to capture structural growth.

I'm pleased that the industrial business improved its adjusted operating margin, compared to the same quarter last year, to 16.3%, reflecting continued strong commercial execution, particularly in SIS. Rightsizing savings of approximately MSEK 350, corresponding to an annual pace of about BSEK 1.7, more than offset negative separation-related synergies. The rightsizing program is progressing well, and we now expect to reach the targeted annual run-rate savings of approximately BSEK 2 by mid-2027 compared to end-2027 as previously communicated.

We continue to actively work with our cost and commercial execution to mitigate continued cost inflation in input costs and logistics. Tariff-related costs were again largely compensated. Investments in our transformation initiatives to harmonize and modernize our IT landscape proceeded as planned. Support production to the automotive business in Q3 was non-material. Currency effects provided a minor tailwind in Q3.

Cash flow from operations increased year-over-year to BSEK 2.1, supported by the improved operating result and partly offset by an increase in inventory for components and materials, primarily within SIS to support continued growth.

Preparing for two focused companies

The approval by our shareholders of the distribution of the shares in SKF Vertevo marked an important milestone ahead of the planned listing on 1 December 2026. Another milestone will be SKF Vertevo's Capital Markets Day (CMD) on 17 November. In Q3, they delivered a solid performance with an improved adjusted operating margin of 4.6% despite challenging market conditions where organic sales declined by –4.0%.

As the separation progresses, we have updated the classification of some items affecting comparability (IAC) between separation and footprint optimization activities. The total expected level of IAC remains unchanged from our CMD 2025 communication, and this has no impact on our path towards achieving our long-term industrial business margin target. Additional production lines transferred to the Automotive business will decrease the need for industrial footprint optimization with BSEK 0.5, while IAC related to the separation will increase by the same amount, totaling approximately BSEK 3.

Out of SKF Vertevo's total production, a few production lines remain to be transferred into SKF Vertevo plants during 2027. This means that contract manufacturing to SKF Vertevo will start to decrease from Q2 2027. Thereafter, it is expected to decrease significantly over the medium term.

Outlook

We expect organic sales for SKF Group's continuing operations to strengthen somewhat in Q4, year-over-year. This as we see a similar market environment as we had in Q3. However, market volatility remains high which amplifies overall uncertainty."

Outlook and guidance

The statements below refer to SKF Group's continuing operations unless otherwise stated.

Outlook Q4 2026

- We expect organic sales for SKF Group's continuing operations to strengthen somewhat in Q4, year-over-year. This as we see a similar market environment as we had in Q3. However, market volatility remains high which amplifies overall uncertainty.

Guidance Q4 2026

- Currency impact on the operating profit: around MSEK 150, year-over-year, based on exchange rates as per 30 September 2026.

Guidance FY 2026

- Tax level excluding effects related to divested businesses and separation of the Automotive business: around 27%.

- Additions to property, plant and equipment: around BSEK 2.5. Compared to previous guidance, this corresponds to a decrease of around BSEK 0.5 as result of optimization of SKF Group's continuing operations' planned investments.

- IAC related to the Automotive separation and footprint optimization for SKF Group including discontinued operations: BSEK –2.5 to –3. This is within the frame communicated at CMD 2025.1)

1) SKF Group including discontinued operations.

A webcast will be held on 21 October 2026 at 08:30 (CEST):

Sweden: +46 (0)8 5051 0031

UK/International: +44 (0)203 059 5863

https://www.skf.com/group/investors

Aktiebolaget SKF

(publ)

The financial information in this press release contains inside information that AB SKF is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact persons set out below on 21 October 2026 at 07:30 CEST.

For further information, please contact:

Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; [email protected] 

Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908 072; [email protected] 

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Pigment Raises $250M at $2.3B Valuation

Series E raise is led by Scaleup Europe Fund managed by EQT, with participation from existing investors, WIL (World Innovation Lab), and a planned investment from NVIDIA

New capital accelerates Pigment's move toward autonomous planning, powered by its proprietary Graphite engine

PARIS, Oct. 21, 2026 /PRNewswire/ -- Pigment, the AI business planning and performance management platform, today announced a $250 million Series E funding round at a $2.3 billion valuation. The round was led by Scaleup Europe Fund, managed by EQT, with participation from WIL (World Innovation Lab), existing investors including Greenoaks, ICONIQ, IVP, and Meritech, and a planned investment from NVIDIA. This capital will accelerate Pigment's mission to move fast toward autonomous planning for global enterprises.

The investment comes on the heels of a milestone year for Pigment, which surpassed $100 million in Annual Recurring Revenue (ARR) earlier this year, once again doubling year-over-year. Adoption of Pigment's AI is also accelerating: today, 85% of new metrics in Pigment are created by an Agent. The fundraise puts Pigment in a position to build on this momentum and expand its presence and growth in new regions.

Pigment has rapidly cemented itself as the enterprise-ready platform of choice for large enterprises like Danone, DirecTV, Siemens, Snowflake, ServiceNow, and Unilever displacing legacy incumbents. And, instead of building internal solutions, the world's most AI-savvy and engineering-dense organizations, including Anthropic, ElevenLabs, and Uber, trust Pigment to serve as the reasoning runtime for their enterprise data.

A commitment to technical superiority and continuous innovation is why some of the largest organizations trust Pigment to replace their legacy systems. It also ensures that Pigment has the capacity to seamlessly support massive global deployments, such as its recent selection by L'Oréal, who is replacing its salary planning tool for their 95,000+ employees globally by deploying Pigment.

On the raise, Pigment Co-Founders Eléonore Crespo and Romain Niccoli said, "Enterprise planning will change more in the next few years than it has in the last thirty. Legacy tools are being left behind, and the world's most advanced AI companies now run their planning on Pigment. With the backing of our investors, we are moving fast to make autonomous planning a reality for every enterprise. With AI agents running planning workflows end to end and turning decisions into action, companies can respond to change as fast as it happens."

Enterprise-Ready Scale and Engineering

This $250 million injection will significantly accelerate Pigment's R&D and fuel the expansion of Pigment's engineering team, focused on its proprietary, patent-pending compute engine, Graphite, and the AI agents that run on it.

AI agents are only as good as the engine underneath them. Graphite already lets thousands of AI agents and people work on the same governed model at once, scaling to hundreds of billions of data points with deterministic, fully traceable results. That is what makes autonomous planning possible: agents can only be trusted to run planning workflows and act on the results when every number they produce is accurate and every action can be traced. With this funding, Pigment will keep advancing Graphite to handle even larger and more complex workloads, while extending its agents from building models and analyzing data to running planning workflows end to end.

"In most companies, the richest picture of how a business actually runs sits in its plans. Pigment has built that foundation with a single platform connecting finance, sales and workforce planning - and put AI agents to work on it, helping teams model, analyse and act in hours rather than months. Eléonore and Romain have built a global category leader from Paris, and that is exactly the kind of company the Scaleup Europe Fund was created to back," said Shannee Braun, Managing Director, EQT and Scaleup Europe Fund.

Try Pigment for free at pigment.com

About Pigment

Pigment is an AI business planning and performance management platform. Built for the complexity of modern enterprises, Pigment combines dynamic modeling with autonomous AI agents and an intuitive UX, to help teams make intelligent decisions with speed and clarity. Across finance, sales, supply chain, and other business functions, teams at companies like Unilever, Snowflake, and Anthropic use Pigment every day to anticipate change, plan ahead, and act with confidence. Try Pigment for free for 14 days at Pigment.com.

About the Scaleup Europe Fund, managed by EQT

The Scaleup Europe Fund, managed by EQT, is a commercially driven alternative investment fund backing ambitious European technology companies with the potential to become global leaders. Targeting €5 billion, the Fund brings together public and private capital and invests across DeepTech, AI Apps and Life Sciences.

http://scaleupeuropefund.eu/

About EQT

EQT is a global investment organization with a Nordic heritage and more than three decades of experience developing companies. With €341 billion in total assets under management, EQT invests across the full lifecycle of companies, from start-up to maturity.

https://eqtgroup.com/

SOURCE Pigment

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Vaalco Schedules Third Quarter 2026 Earnings Release and Conference Call

HOUSTON, Oct. 21, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today announced the timing of its third quarter 2026 earnings release and conference call.

The Company will issue its third quarter 2026 earnings release on Thursday, November 5, 2026 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Friday morning, November 6, 2026 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time and 2:00 p.m. London Time).

Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom should dial +44 20 3769 4533. Other international parties may dial (412) 317-5741. Participants should ask to be joined to the “Vaalco Energy Earnings Conference Call.” This call will also be webcast on Vaalco’s website at www.vaalco.com. An audio replay will be available on the Company’s website following the call.

About Vaalco

Vaalco Energy Inc. is an African-focused independent energy company with a diversified portfolio of production, development and exploration assets in Gabon, Egypt, Côte d'Ivoire and Equatorial Guinea. The Company combines cash-generative production assets with development and exploration opportunities supported by existing infrastructure and established operating histories.

Since 2021, Vaalco has transformed from a single-asset producer into a multi-country African operator through disciplined acquisitions, portfolio optimization and operational delivery. Led by an experienced management team with a proven track record of value creation, Vaalco combines disciplined capital allocation, shareholder returns and a visible, self-funded pathway to significantly increase production from resources already within its portfolio.

Vaalco is headquartered in Houston and listed on the New York Stock Exchange and the Main Market of the London Stock Exchange under the symbol EGY.

Vaalco’s Legal Entity Identifier (LEI) is 549300CFHFVIWB8M6T24.

For Further Information

Source: VAALCO Energy, Inc.

Released October 21, 2026