Aspocomp Group (ACG1V) Q3 2026 earnings summary

Executive summary

• Q3 net sales rose 20% YoY to €10.6M; operating result reached €1.3M from €0.3M, with a 12.6% operating margin.

• Defense, Security and Aerospace became the largest customer segment at 40% of Q3 net sales; the order book reached a record €30.6M.

Financial highlights

• Q3 EBITDA was €1.7M (€0.6M); net profit was €1.0M (€0.2M), and EPS was €0.13 (€0.03).

• 9M net sales rose 6% YoY to €31.0M; operating result increased 48% to €2.0M, and net profit rose 88% to €1.4M.

• 9M EBITDA was €3.1M (€2.4M); EPS was €0.18 (€0.11).

• Q3 operating result included a non-recurring €157K gain on a receivable written down in 2022; 9M results also reflected an €80K Q1 write-down.

Outlook and guidance

• 2026 guidance is unchanged: net sales expected to grow and operating result to improve versus 2025, when sales were €38.2M and operating result €0.9M.

• Demand is expected to remain solid, particularly in defense and semiconductors; expansion costs and limited volumes are expected to weigh on results in late 2026 and early 2027.

• Plant performance is expected to recover and resume growth in mid-2027 after the expansion becomes fully operational.