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Exel Composites Q3 adjusted operating profit more than triples to EUR 3.38 million
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Exel Composites Q3 adjusted operating profit more than triples to EUR 3.38 million
  • Exel Composites’ Q3 2026 adjusted operating profit more than tripled year over year to EUR 3.38 million.
  • Revenue climbed 59% to EUR 38.38 million, driven particularly by Energy and defense-related applications.
  • Order intake rose 42% to EUR 38.18 million, while the September-end backlog climbed 99% to EUR 97.86 million year over year.
  • A new multiyear Suzlon supply agreement for carbon fiber spar caps has a potential value exceeding EUR 100 million.
  • Management maintained its outlook for significant revenue and adjusted operating profit growth in 2026, while expecting Q4 growth to moderate.


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. Exel Composites Oyj published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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