Novotek Q3 2026: CEO’s Comments

Following requests from shareholders and other stakeholders, we are pleased to provide an English version of the CEO’s statement from our Q3 Interim Report, originally published in Swedish.

Novotek continues to strengthen its position in the European market for industrial IT and automation. In the third quarter, we delivered strong order growth, increased revenue, and a slight improvement in profitability. This development is partly the result of the successful integration of previous acquisitions. Through the acquisition of Serviteco at the end of July, we have established a platform for growth in the Italian market, while in France we have built a full-scale operation following the acquisitions of Venlor SAS and Premier Tech Digital France during 2025. Our acquisition agenda remains ambitious, supported by a strong balance sheet that provides us with considerable strategic flexibility.

While market uncertainty remains, we are seeing an increasing number of signs pointing to renewed customer willingness to invest. Our customer base consists of more than 3,000 companies, large and small, across a wide range of industries with a need for secure and reliable data flows. During the third quarter, we signed a number of larger multi-year contracts within Business Resilience and continued to see strong activity, particularly in our Nordic markets. As in recent quarters, demand has been strongest for investments in AI and Cyber Security, where our Industrial Data Operations and Business Resilience offerings continue to gain traction.

Across our twelve European markets, we now serve as a local expert bridge, transforming the software and hardware solutions of global technology providers into tailored and secure systems for individual industrial facilities. We complement this offering with consulting services, training, local support, and lifecycle services, all aimed at strengthening our customers’ competitiveness. Being present where our strategic partners want to grow is important for both Novotek and our customers. Germany is a good example. We have established a smaller operation there together with a local partner and are now preparing for the next step alongside our largest supplier, Velotic. As Velotic’s largest partner in Europe and one of its largest globally, we are well positioned to continue our joint growth journey and support the company’s ambition to become the world’s leading independent provider of industrial software.

Novotek’s offerings address a growing need for efficient and secure management of industrial data flows worldwide. Demand has increased since the beginning of the year, and the rapidly expanding volumes of industrial data continue to create significant opportunities for our long-term growth.

Finally, I would like to take this opportunity to thank our outgoing CFO, Helena Bramstorp, for her valuable contributions over the past years. This report marks her final one as CFO of Novotek. A few weeks ago, we announced the appointment of our new CFO, Dan Wahrenberg, whom I am confident will make a highly positive contribution to Novotek’s continued development and future growth journey.

Tobias Antius
CEO, Novotek AB