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Koncar stock, KONČAR

Koncar stock: Q3 update points to strong growth and split proposal

Published on 10/30/2026 at 00:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Koncar stock is in focus after the group reported strong nine-month growth and a record order backlog. A proposed stock split still needs shareholder approval.

Strong growth and capital-market plans

  • KON?AR reported continued growth across all key financial and business indicators in the third quarter.
  • Export markets and power transmission remained central drivers of the Group's business.
  • The Supervisory Board approved a proposed stock split, subject to General Assembly approval.
Koncar stock, KONČAR, third-quarter results, order backlog, stock split, power infrastructure, Illustration mit AI erstellt.
Koncar stock, KONČAR, third-quarter results, order backlog, stock split, power infrastructure, Illustration mit AI erstellt.

KON?AR reported strong growth for the first nine months of 2026 on October 29, according to the company's investor news release. Revenue reached EUR 1,095.9 million by the end of September, up 19.9 percent from the same period a year earlier. EBITDA was EUR 232.9 million, with a margin of 21.2 percent, while net profit reached EUR 230.6 million.

Orders provide revenue visibility

The Croatian electrical equipment group secured EUR 1.75 billion in new orders during the first nine months, including EUR 731.2 million in the third quarter. Its order backlog reached a record EUR 3.3 billion, while orders already secured for 2027 and later years stood at EUR 2.76 billion.

International markets generated EUR 772.8 million in revenue, accounting for 70.5 percent of the Group's total. The company said exports to European Union markets increased to EUR 571.4 million. Germany, Sweden and the Netherlands were identified as the largest export markets by country.

Infrastructure remains the main growth engine

Power transmission and distribution accounted for more than 70 percent of sales revenue. KON?AR also highlighted contracts awarded by German transmission operator TenneT and Swedish transmission operator Svenska kraftnät, with a combined value exceeding EUR 435 million.

The company said the third quarter also included the introduction of its first bimodal electric-diesel train into regular service on the Split-Zagreb route and the opening of a new laboratory for power systems and drives in Bedekov?ina. These developments underline the breadth of its activities across energy infrastructure, digital solutions and urban mobility.

Stock split remains subject to approval

The Supervisory Board approved management's proposal for a 1-for-10 split of KON?AR's ordinary shares. The proposal must still be approved by the General Assembly. The company said the measure is intended to improve accessibility for retail investors, while the share capital would remain unchanged at EUR 159.5 million.

KON?AR business update

  • Report date: October 29, 2026
  • Reporting period: First nine months of 2026
  • Revenue: EUR 1,095.9 million
  • EBITDA: EUR 232.9 million
  • Net profit: EUR 230.6 million
  • New orders: EUR 1.75 billion
  • Order backlog: EUR 3.3 billion
  • Proposed stock split: 1-for-10, subject to General Assembly approval

For broader market context, see the current market reports.

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