sur SURTECO SE (ETR:SUR)
SURTECO GROUP SE Reports Stable Financial Performance in First Half of 2026
SURTECO GROUP SE has announced that its sales and earnings are within the target corridor for the first half of 2026. Sales reached €420.8 million, slightly down 4% from last year's €436.3 million, mainly due to the discontinuation of the business with impregnates and negative exchange rate effects. Adjusted EBITDA increased by 5% to €53.2 million, while reported EBITDA rose by 9% to €47.3 million.
Despite a challenging market, the company has successfully refinanced its principal financial arrangements. A €209 million syndicated loan was extended until December 2029, aligning its maturity with existing promissory note loans. The company remains cautious as market demand shows no significant improvement. Nevertheless, countermeasures to manage increasing raw material prices are showing positive impacts on EBITDA margins.
SURTECO maintains its forecast for consolidated sales between €780 million and €830 million, with an adjusted EBITDA between €70 million and €90 million for the full year.
R. P.
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