Allgeier (AEIN) Q1 2026 earnings summary

Executive summary

• Revenue from continuing operations rose 9% year-over-year to €86.6 million in Q1 2026, with value creation up 7% to €30.4 million and a value creation margin of 34.3%.

• Adjusted EBITDA increased 2% to €9.1 million, while reported EBITDA slightly decreased to €8.4 million; EBIT fell 14% to €2.7 million.

• Net income for the period was €0.9 million, up from €0.7 million in Q1 2025; adjusted EPS was €0.04, down from €0.05.

Financial highlights

• Revenue: €86.6 million (+9% YoY); value creation: €30.4 million (+7% YoY); value creation margin: 34.3%.

• Adjusted EBITDA: €9.1 million (+2% YoY); adjusted EBITDA margin: 10.3% (down from 11.0%).

• EBIT: €2.7 million (-13.9% YoY); EBT: €1.4 million (+65% YoY); net income: €0.9 million (+29% YoY).

• Cash flow from operations: -€1.4 million (down from €11.4 million YoY); net debt increased to €54.7 million.

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

Outlook and guidance

• Full-year 2026 guidance confirmed as per March 26, 2026, and 2025 annual report.