Ernst Russ AG Revises 2026 Financial Forecast Upward

On May 21, 2026, Hamburg-based Ernst Russ AG announced a revision of its financial forecast for the year. The company adjusted its expected operating result (EBIT) to a range between EUR 45 and 55 million, up from the previous range of EUR 34 to 44 million. Revenue expectations remain steady, projected between EUR 145 and 160 million.

This positive adjustment is attributed to the recent sale of the 1,710 TEU container vessel MV "EF Emira," built in 2008. Additional factors include solid business performance and several concluded charter agreements. The fleet utilization is projected at approximately 97%. The forecast assumes the economic environment remains stable and exchange rates average USD/EUR 1.20 for the remainder of the year. Potential future vessel sales are excluded from this forecast.

Ernst Russ AG plans to release its financial figures for the first quarter of 2026 on May 28.