Netel Q3 profit turns positive, but 2026 growth forecast scrapped

Netel, a Swedish small-cap infrastructure firm, reported a 4.5% revenue increase in Q3 and a positive adjusted EBITA margin, reversing a prior loss. However, management withdrew its 2026 growth forecast, signaling reduced confidence in future expansion. The mixed signal suggests operational improvement but strategic caution, likely weighing on near-term sentiment.

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