News
Public · Published
Siili Solutions Plc, Business review, 1 January–30 September 2026 (unaudited)
Siili Solutions said third-quarter revenue decreased 7.8% year on year, while adjusted EBITA improved to 4.9% of revenue. For January–September, revenue decreased 11.5% and adjusted EBITA was 1.0% of revenue.
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What happened
Siili Solutions said third-quarter revenue decreased 7.8% year on year, while adjusted EBITA improved to 4.9% of revenue. For January–September, revenue decreased 11.5% and adjusted EBITA was 1.0% of revenue.
Confirmed
Global impact / market context
Profit per sale improved in the third quarter even as revenue shrank, which means cost actions are lifting profit faster than sales are falling. If that continues, earnings could recover before revenue does, but a lasting rebound still depends on winning larger client projects.
Analyst inference
The company says there are signs of market recovery and that demand for AI modernisation work is strengthening, yet nine-month revenue and profit remain well below last year. Investors face a turnaround story where efficiency gains are visible but the sales recovery is not yet proven in the numbers.
Analyst inference
What to watch
- Watch whether fourth-quarter revenue keeps shrinking at the third-quarter pace or improves, since nine-month revenue was down 11.5% and AI-related project demand was described as strengthening. Confirmed
- Track adjusted EBITA as a share of revenue, which was 4.9% in the third quarter versus 2.4% a year earlier, to see if cost actions hold as the company invests to improve revenue and competitiveness. Proposed
- Monitor whether new client projects lift the share of revenue from international markets, which rose in the third quarter from a year earlier, because growth abroad could offset weaker demand at home. Analyst inference