MastIT Group continues to strengthen its position in the dynamic Swedish market. During the third quarter, normal seasonality from the early-quarter vacation period led to slightly lower growth versus the same quarter last year. The EBITA margin for the quarter decreased to 14%. For the first nine months, the EBITA margin stands at a strong 18%, notably above several industry peers.

In Q3, MastIT Group entered into a collaboration with one of the largest nationwide engineering consultancies in the Nordics, with the aim of jointly winning new mobile infrastructure projects. By aligning with larger consultancies, we seek to create stronger customer offerings and accelerate the rollout and implementation of private mobile networks in industry. MastIT Group has also been selected as lead installer for one of Sweden’s major national arenas, which is being refurbished ahead of the 2025 Ice Hockey World Championship, to meet higher audience expectations across sports, events and music.

Our efforts to strengthen internal installation capacity are yielding results. Although the number of full-time equivalents (FTEs) is unchanged year-on-year, the share of work performed in-house has increased relative to subcontractors.

Order intake shows a positive trend as the company continues to broaden its customer base, in line with our strategy to reduce customer concentration and drive organic growth across a wider set of clients. We also see opportunities to expand our aftermarket services, reinforcing relationships with existing customers and attracting new partnerships. MastIT Group is heading toward an encouraging year-end, with expectations for a strong fourth quarter, consistent with prior seasonal patterns. In the next quarter, the focus is to continue expanding both our customer base and customer offering, with the objective of solidifying our position as a leading provider of mobile communications for network owners and industrial customers.

We look forward to continuing to realize MastIT Group’s vision of becoming a comprehensive partner in mobile communications, addressing growing market needs with innovative and competitive mobile infrastructure solutions.

For further information or to discuss potential partnerships, please contact Michael Alex, CEO of MastIT Group.