Ariston Q3 2026 slides: growth driven by M&A amid margin pressure

Ariston Holding NV (ARSTY) reported Q3 2026 earnings, highlighting solid revenue growth but elevated working capital and net debt. CEO Maurizio Botarelli attributed higher inventory to safety stock for heat pump demand, refrigerant transition, and weaker sales in certain regions. The company expects margin recovery once pricing and cost inflation normalize. Riello, a subsidiary, is currently dilutive but expected to achieve EUR25 million in synergies by 2030.

Watts Water Technologies reported 3Q 2026 revenue of $728M, up 19% YoY, and EPS of $4.34, up 77.1% YoY. Organic sales grew 12.2%, driven by data-center demand and pricing. Gross margin increased to 55.1% from 48.8%, offsetting inflation. Growth varied by region, with APMEA leading at 29.7%.

Viatris reported flat Q3 revenue of $3.75B and a net loss of $0.28 per share. Growth in Greater China and North America was offset by supply constraints and competition. Gross margin improved to 38% due to higher-margin product sales, while manufacturing disruptions cost $100M in revenue.

Brookfield Business Corporation reported Q3 GAAP EPS of $0.09 and revenue of $6.99B, according to the company. The results are part of ongoing financial updates for investors.

IMAX reported Q3 revenue and adjusted EPS exceeding estimates due to strong box office performance. Adjusted EPS was $2.21, up from the previous year. The company attributed the growth to blockbuster releases.

Coherent (COHR) reported fiscal Q1 revenue of $2.37B, up 50% YoY, beating estimates. Non-GAAP EPS was $2.09. The company forecasts pro forma revenue growth above 60% for fiscal 2027 and expects its first $4B quarter by fiscal 2028. It signed a $20B deal with an unnamed AI company. COHR stock traded at $204.79 post-earnings, up 4.97%.