DMG MORI (GIL) Q1 2026 earnings summary

Executive summary

• Order intake increased by 16% year-over-year to €652.9 million, driven by strong demand and successful events despite volatile markets.

• Sales revenues rose slightly by 1% year-over-year to €472.1 million, with international sales making up 66% of the total.

• EBIT declined to €15.3 million from €19.7 million year-over-year, with an EBIT margin of 3.2%.

• Free cash flow improved significantly to €-9.4 million from €-75.9 million year-over-year.

• Management remains optimistic and confirms full-year forecasts despite ongoing geopolitical uncertainties.

Financial highlights

• EBITDA for Q1 2026 was €34.1 million, down from €38.4 million year-over-year.

• EBT reached €17.1 million, a 20% decrease from the previous year.

• EAT was €12.2 million, down 20% year-over-year.

• Personnel expenses increased to €160.7 million, with a personnel quota of 31.4%.

Outlook and guidance

• Full-year order intake forecast remains €2.3–2.5 billion.

• Sales revenues expected between €2.0–2.2 billion for 2026.

• EBIT guidance is €90–110 million; free cash flow forecasted at €80–100 million.

• Management anticipates continued volatility due to geopolitical risks but maintains a positive outlook.