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Arcadis climbs after Q3 EBITDA beats consensus

By Reuters News

** Shares in Arcadis ARDS.AS rise as much as 4.2%, after the Dutch engineering and consulting firm published solid Q3 results, with Q3 EBITDA about 8% ahead of consensus, according to Jefferies

** Q3 EBITDA rose 14% to €124 million ($137.89 million), driven by accelerating organic net revenue growth of 4.3%

** "Accelerating growth & improved profitability drive 8% EBITA beat", says Jefferies and expects low-single-digit upgrades to consensus EBITDA forecasts

** Arcadis confirmed its FY26 guidance for low-single-digit organic net revenue growth after reporting 2.4% year-to-date growth

** For FY27-FY29, Arcadis targets mid-single-digit organic net revenue growth, supported by cross-selling, with most key clients currently taking only one of its six services, Jefferies says

** Up to the previous session's close, shares were up 23.5%​ YTD.

($1 = 0.8993 euros)

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