on SURTECO SE (ETR:SUR)
SURTECO GROUP SE Reports Positive Start to 2026
SURTECO GROUP SE has announced a strong beginning to its 2026 fiscal year. The company recorded sales of €208.4 million in the first quarter, slightly down from €222.3 million the previous year. Despite the sales dip, SURTECO's adjusted EBITDA remained unchanged at €26.7 million. The EBITDA margin improved to 12.8% from last year's 12.0%, showcasing enhanced profitability.
Reported EBITDA saw a notable increase of 20%, rising to €23.5 million. The company also transitioned from a first-quarter loss of €5.1 million in 2025 to a profit of €1.3 million in 2026. This positive shift illustrates SURTECO's resilience amid challenging economic conditions.
CEO Wolfgang Moyses emphasized the effectiveness of strategic measures in improving profitability, with expectations for full-year revenues between €780 million and €830 million, and adjusted EBITDA between €70 million and €90 million.
R. P.
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