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Edge1 May 2026
Making the Marlboro Man
The story of Marlboro's transformation from a women's cigarette to a global icon: one of the most effective brand repositionings in history.
Ottobock
Ottobock (OBCK) investor relations material
Ottobock Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary6 May, 2026
Executive summary
Organic core revenue grew 5.1% year-over-year in Q1 2026, reaching €378.4 million, despite strong prior-year comparables.
Underlying core EBITDA increased by 11.8% to €84.3 million, with margin expanding to 22.3%.
Free cash flow rose by 32% to €41.5 million, reflecting strong cash generation.
Underlying net income grew 13.1% year-over-year to €22.6 million.
Growth was driven by B2C momentum, robust APAC and EMEA performance, and continued innovation with new product launches and strategic investments.
Financial highlights
Total revenue reached €396.0 million, up 3.4% year-over-year; core revenue was €378.4 million, up 5.1% organically.
Gross profit increased to €206.5 million, with gross margin improving to 52.1%.
EBIT rose 26.0% to €47.3 million, with EBIT margin at 11.9%.
Earnings per share increased to €0.30 from €0.27 year-over-year.
Operating cash flow rose 31.3% to €64.6 million.
Outlook and guidance
Full-year 2026 guidance reaffirmed: 5–8% organic core revenue growth and underlying core EBITDA margin above 26.5%.
Midterm targets: 7–9% average organic sales growth and 29–30% EBITDA margin by 2029.
Focus on innovation-driven growth, operational efficiency, and scalability.
Americas large customer order intake outlook
Bridge from Q1 margin to full-year guidance
Strategic impact of Blue Arbor Technologies
Explain the organic revenue decline in Americas
C-Brace Interim impact on patient pool expansion
Bulgaria's role in the margin expansion strategy
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Latest events from Ottobock
- Record double-digit growth and margin expansion in 2025, with strong 2026 outlook.OBCK
Q4 202511 Apr 2026 - Core revenue up 13.6%, EBITDA margin at 24.3%, and IPO strengthens financial position.OBCKQ3 202513 Nov 2025
- Revenue and net profit rose sharply, driven by growth in EMEA and strategic acquisitions.OBCKQ2 202512 Nov 2025
Next Ottobock earnings date
Q2 202613 Aug, 2026
Ottobock
Next Ottobock earnings date
Q2 202613 Aug, 2026
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