MacGregor Reports Record Profitability as Q3 Orders Surge 126%
MacGregor reported record profitability in the third quarter of 2026 as new orders more than doubled to $340 million (€305.4 million), driven by strong demand across all its divisions.Orders increased 126% from $150 million…
MacGregor reported record profitability in the third quarter of 2026 as new orders more than doubled to $340 million (€305.4 million), driven by strong demand across all its divisions.
Orders increased 126% from $150 million (€135 million) in the same quarter last year, lifting the company's order book to $1.49 billion (€1.34 billion) at the end of September, compared with $1.11 billion (€998.6 million) a year earlier.
Quarterly revenue rose 1% to $218.7 million (€196.5 million), with sales in the Offshore division increasing, while Services revenue grew 5%.
Adjusted operating profit (EBIT) climbed 27% to $39.9 million (€35.9 million), with the margin improving to 18.3% from 14.5% a year earlier.
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