ElringKlinger (ZIL2) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 14.0% YoY to €450.9m; 9M revenue increased 10.8% to €1,359.8m, with 12.2% organic growth.

• Q3 adjusted EBIT increased 38% to €29.2m, with margin improving to 6.5%; E-Mobility ramp-ups and cost measures supported stronger profitability.

• FY26 revenue guidance was raised to ~€1.8bn; medium-term objectives and other key targets were reaffirmed.

Financial highlights

• Q3 adjusted EBITDA was €53.0m; 9M adjusted EBITDA reached €165.5m.

• Q3 reported EBIT was €19.5m and adjusted EBIT €29.2m; 9M reported and adjusted EBIT were €76.6m and €87.2m, respectively.

• Q3 adjusted EPS was €0.23 and 9M adjusted EPS €0.64; reported EPS was €0.07 and €0.48, respectively.

• Q3 gross margin improved to 25.9% from 25.0%; 9M gross margin rose to 25.6% from 24.3%.

• Q3 adjusted EBIT included €9.7m of adjustments, mainly impairments related to divestment and restructuring; 9M transformation-related one-off effects totaled €10.6m.

Outlook and guidance

• FY26 revenue guidance was raised to ~€1.8bn, reflecting moderate organic growth; 2025 revenue was €1,641m.

• FY26 adjusted EBIT margin target remains ~6–7%; operating free cash flow is expected to be slightly positive and adjusted ROCE ~8–9%.

• Medium-term targets remain moderate organic revenue growth and an adjusted EBIT margin of ~8%; E-Mobility is expected to reach break-even in positive territory in 2028.