Accelleron Industries (ACLN) investor relations material

Executive summary

• Revenues reached USD 737.3 million, up 21.3% year-over-year (17.2% organic), driven by marine new builds and U.S. data center demand.

• Operational EBITA rose 22.5% to USD 189.7 million, with a margin of 25.7%.

• Net income increased 31.5% to USD 150.8 million.

• Product business grew 30% year-over-year; service business grew 15%.

• Investments in manufacturing, R&D, and capacity expansion rose over 40% to USD 31 million to support future growth.

Financial highlights

• Gross profit grew 23.2% to USD 326.8 million, with gross margin improving to 44.3% (+0.7 pts YoY).

• Free cash flow conversion was 58.4%, down from 70.3% in H1 2025, due to increased investments.

• Basic EPS rose 30.8% to USD 1.53.

• Net leverage decreased to 0.7 from 0.8 year-over-year.

• Data center-related revenues rose to just under 9% of total revenues.

Outlook and guidance

• Full-year 2026 organic revenue growth guidance raised to 14–17% (previously 9–14%).

• Operational EBITA margin guidance confirmed at 25–26%.

• CapEx expected at 5–6% of revenues for 2026, focused on capacity and resilience.

• Guidance assumes stable market and geopolitical conditions.

• Demand expected to remain robust in core markets, with steady appetite for service agreements and investments in capacity and technology.