Garo Q3 Net Loss Widens to SEK 100 Million

• Garo posted a third-quarter 2026 operating loss of SEK 105.8 million, compared with a loss of SEK 1.6 million a year earlier.
• A SEK 111.3 million noncash impairment reflected the October decision to discontinue the GARO Entity product family.
• Quarterly net sales rose 6% to SEK 265.9 million from SEK 251.3 million.
• Operating EBIT increased to SEK 9.9 million from SEK 2.5 million; the operating EBIT margin reached 3.8%, versus 1%.
• Production will relocate from Poland to Gnosjö/Hillerstorp, targeting completion by December 2026 as the business intensifies its focus on Electrification.

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. Garo AB published the original content used to generate this news brief on November 13, 2026, and is solely responsible for the information contained therein.