Atlantic Grupa (ATGR) Q1 2026 earnings summary

Executive summary

• Achieved strong sales growth in Q1 2026, with revenue up 14.4% year-over-year to EUR 297.3 million, driven by all business and distribution units and major markets, especially Germany and Austria.

• Significant profitability improvement: EBITDA up 29.0%, EBIT up 58.5%, and net profit up 77.6% compared to Q1 2025.

• Strengthened organizational structure and focus on innovation, sustainability, and brand leadership, including new product launches and ESG achievements.

Financial highlights

• Sales: EUR 297.3 million (+14.4% YoY); EBITDA: EUR 29.7 million (+29.0% YoY); EBIT: EUR 16.3 million (+58.5% YoY); Net profit: EUR 10.8 million (+77.6% YoY).

• EBITDA margin rose to 10.0% (+113 bp), EBIT margin to 5.5% (+153 bp), and net profit margin to 3.6% (+129 bp) year-over-year.

• Free cash flow improved to EUR 21.8 million from negative EUR 26.0 million in Q1 2025.

• Gearing ratio decreased to 32.2% and net debt/EBITDA improved to 2.1.

Outlook and guidance

• Management expects 2026 sales to exceed EUR 1.25 billion, with normalized EBITDA above EUR 110 million and a slight increase in EBITDA margin.

• Continued capital investments planned, exceeding EUR 60 million, focused on coffee and snacks segments.

• Ongoing focus on leadership, portfolio expansion, operational excellence, digital transformation, and sustainability.