Rosebank Industries (ROSE) H1 2026 TU earnings summary

Executive summary

• MW Components and CPM acquisitions completed in May 2026, both performing ahead of expectations in the initial ownership period.

• Decisive operational and cost actions implemented across acquired businesses, including restructuring and cost reductions.

• ECI trading in line with full year 2026 expectations, with higher margin segments showing growth.

Financial highlights

• ECI revenue for H1 2026 was 4% lower year-over-year, mainly due to exiting low margin revenue.

• Appliance & HVAC revenue declined 13% year-over-year, reflecting market conditions and strategic exits.

• Electrification and Industrial businesses saw 9% revenue growth year-over-year, driven by strong Industrial Tech demand.

• ECI adjusted operating margin reached 16.1% in H1 2026, up 1.0 percentage point year-over-year.

Outlook and guidance

• Adjusted operating profit and EPS for 2026 expected to exceed company-compiled analyst consensus ($294 million for 2026, $452 million for 2027).

• Strong trading in MW Components and CPM supports confidence in continued outperformance into 2027.

• Interim results scheduled for announcement on 3 September 2026.