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Comer Industries (COM) investor relations material
Comer Industries Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 revenue reached €979.9m, up 48.2% YoY; like-for-like growth was 14.9% (15.6% at constant exchange rates).
EBITDA was €144.9m, with a 14.8% reported margin; net financial debt was €96.3m and leverage was 0.5x.
Financial highlights
Revenue increased from €661.1m to €979.9m YoY; Comtesco contributed €220.6m following consolidation from Jan. 1, 2026.
EBITDA rose 35.9% YoY to €144.9m from €106.6m; reported EBITDA margin was 14.8% versus 16.1%.
Like-for-like operating margin improved to 16.8% from 16.1%, supported by sales-volume leverage, process efficiencies and operating-cost discipline.
Outlook and guidance
FY 2026 forecasts reaffirmed despite a complex macro environment; support includes market-share gains, new-project ramp-up and acquisition synergies.
FY profitability is expected to be in line with 2025 on a like-for-like basis; gradual improvement in net financial position is expected, excluding extraordinary transactions.
- Sales up 51.2% to €676.3M; EBITDA €100.5M; Comtesco acquisition drives growth.COM
Q2 2026 - Sales fell 21.5% as agriculture weakened, but margins improved and North American expansion advanced.COM
Q2 2024 - Sales and EBITDA fell year-over-year, but margins held steady amid challenging markets.COM
Q3 2024 - Revenue down 23%, EBITDA margin steady, debt reduced, and €0.80 dividend proposed.COM
Q4 2024 - Q1 2025 saw a 22.1% revenue drop, margin pressure, and a €0.80 dividend approved.COM
Q1 2025 - Revenue fell 15.8% year-over-year, but Q2 margins improved despite ongoing market challenges.COM
Q2 2025 - Sales and EBITDA fell, but Q3 margins and agricultural sector rebounded; major acquisition underway.COM
Q3 2025 - Revenue up 53.8% to €326.3M, driven by Comtesco and broad-based segment growth.COM
Q1 2026 - Revenue down 5.2%, EBITDA margin steady, net debt halved, and major Asian acquisition completed.COM
Q4 2025
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