Instone Group Reports 9M 2026 Financial Results and Revises Full-Year Guidance

Instone Group reported adjusted revenue of EUR 288.1 million for the first nine months of 2026, down from EUR 347.5 million a year earlier, while earnings after taxes fell to EUR 12.2 million from EUR 21.4 million. Its adjusted gross margin was 29.4%, supported by cost management. The company cited macroeconomic and geopolitical uncertainty, weaker private-investor sales and longer institutional-client decision processes, and revised its 2026 targets to approximately EUR 450 million in revenue, EUR 25 million–EUR 30 million in adjusted earnings after taxes, and EUR 500 million–EUR 600 million in sales volume.