Allgeier (AEIN) Q1 2026 earnings summary

Executive summary

• Revenue from continuing operations rose 9% year-over-year to EUR 87 million in Q1 2026, with gross profit up to EUR 30.4 million.

• Adjusted EBITDA increased 2% to EUR 9.1 million, while EBIT declined to EUR 2.7 million compared to Q1 2025.

• Net profit for the period was EUR 0.9 million, up from EUR 0.7 million in the prior year.

• Undiluted earnings per share for continuing operations were EUR -0.07, compared to EUR -0.02 in Q1 2025.

• Management proposes a dividend of EUR 1.00 per share, up from EUR 0.50, following a successful business sale.

Financial highlights

• Gross margin was 34.3%, slightly down from 34.9% year-over-year.

• Adjusted EBITDA margin was 10.3% (Q1 2025: 11.0%).

• Cash flow from operating activities was EUR -1.4 million, down from EUR 11.4 million in Q1 2025, mainly due to negative working capital changes.

• Net debt increased to EUR 55 million (Dec 2025: EUR 40 million); including factored invoices, net debt was EUR 70.1 million.

• Equity ratio decreased to 48.4% from 50.9% at year-end 2025.

Outlook and guidance

• Full-year 2026 guidance confirmed as per March 26, 2026 ad hoc announcement and 2025 Annual Report.