Friedrich Vorwerk Group (VH2) Q3 2026 TU earnings summary

Executive summary

• Record Q3 revenue and EBITDA, strong 9M growth, and a second 2026 forecast increase reflect improved profitability and continued positive outlook.

Financial highlights

• Q3 revenue rose 13.0% YoY to €228.3 million; EBITDA increased 58% to €80.9 million from €51.3 million.

• 9M revenue grew 12.0% YoY to €565.6 million; EBITDA rose ~64% to €173.4 million, while production output increased 40.1% to €791.7 million.

Outlook and guidance

• 2026 revenue guidance raised to €760–790 million from €730–780 million; EBITDA guidance lifted to €220–230 million from €180–200 million.

• Guidance increase follows excellent business development and an unchanged positive outlook.