Scanfil (SCANFL) Q1 2026 earnings summary

Executive summary

• Q1 2026 saw turnover/revenue rise to EUR 229.1 million, up 19% year-over-year, with organic growth of 6.5% and significant contributions from acquisitions, notably MB Elettronica and ADCO Circuits.

• Comparable EBITDA/EBITA increased 24% to EUR 15.6 million, with margin improving to 6.8%.

• Net profit for Q1 was EUR 9.8 million, up from EUR 8.3 million, and EPS rose to EUR 0.15.

• Customer portfolio diversified, with the largest customer at 11% of turnover and top ten at 43–54%.

• Strong demand and momentum in Aerospace & Defense, Energy & Cleantech, and Medtech & Life Science segments.

Financial highlights

• Revenue/turnover: EUR 229.1 million, up 19% year-over-year, with organic growth of 6.5%.

• Comparable EBITDA/EBITA: EUR 15.6 million (6.8% margin), up from 6.5% margin last year.

• Net profit: EUR 9.8 million, up from EUR 8.3 million.

• Net debt: EUR 127.8–130 million; interest-bearing liabilities EUR 155.4 million.

• Equity ratio: 42.9–43%, down due to acquisitions.

• Return on equity: 12.2%, up from 11.2%.

• Earnings per share: EUR 0.15, up from EUR 0.13.

Outlook and guidance

• 2026 revenue/turnover expected between EUR 940 million and EUR 1.06 billion; comparable EBITDA/EBITA between EUR 64 million and EUR 78 million.

• Guidance reaffirmed, with strong contributions anticipated from recent acquisitions and investments.