sur WashTec AG (ETR:WSU)
WashTec AG Reports 2026 Revenue Growth, Faces EBIT Challenges
WashTec AG recorded a notable 4.6% revenue increase to €374.5 million in the first nine months of 2026, up from €358.2 million in the previous year. This growth was supported by improved performance in North America and maintained levels in Europe and Other segments.
However, EBIT showed a contraction, dropping 20.7% to €25.7 million from €32.4 million due to delays in efficiency programs and €2.0 million in one-off expenses related to organizational optimization. The EBIT margin diminished from 9.0% to 6.9% over the same period.
The company's free cash flow saw a significant decrease of 69.1% to €8.6 million as net operating working capital increased and capital expenditure rose. Despite the revenue growth, WashTec's challenges with strategic implementation and higher raw material costs impacted overall profitability.
The company anticipates mid-single-digit revenue growth for the full year, with an expected EBIT margin between 8% and 9%. Strategic adjustments are underway to improve fiscal performance in the coming period.
R. E.
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