Stocks•31 October 2026•
1 min read
Mixed Q3 Results for European Small-Caps as Online Brands Nordic Sees Strong Growth
Key Facts
1Online Brands Nordic reported significant Q3 revenue growth of 43.2%.
2Drillcon AB announced a 14.9% year-over-year increase in Q3 revenue with improved EBIT margins.
3Magnora Data Center ASA reported a net loss of NOK 15.6 million for the third quarter.
Online Brands Nordic reported significant Q3 revenue growth of 43.2%. According to Benzinga, financial results for European small-cap entities showed mixed performance, with Drillcon AB announcing a 14.9% year-over-year increase in revenue alongside improved operating margins, while Magnora Data Center ASA posted a net loss of NOK 15.6 million for the quarter.
These earnings arrive as regional economic data indicates slowing growth, with Italy's annual GDP growth rate reaching 0.8% on October 30, 2026, down from a previous 1%. In the broader Eurozone, the unemployment rate stood at 6.5% on October 30, 2026, while the European Central Bank's interest rate decision remained steady at 2.65% on October 29, 2026.