• Festi's Q3 2026 profit fell 13% year-on-year to ISK 2.31 billion.
• Sales of goods and services rose 9% year-on-year to ISK 51.15 billion.
• EBITDA dropped 6% year-on-year to ISK 4.99 billion, with overall earnings below management's expectations.
• Acquisitions of Skjáauglýsingar and the remaining 30% of Local closed for ISK 564 million, net of cash acquired.
• Management maintained its 2026 EBITDA guidance at ISK 16–16.5 billion.

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. FESTI hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610281244OMX_____CNEWS_EN_GNW1001280453_en) on October 28, 2026, and is solely responsible for the information contained therein.