Arbonia H1 EBITDA falls on SAP rollout disruption

Arbonia AG

25/08/2026 06:09

Overview
Switzerland building materials maker's H1 revenue grew 3.6%, organic growth 2.3%
EBITDA fell to CHF 23.8 mln due to SAP/ERP rollout disruptions at Garant
Company adjusted 2026 EBITDA guidance, reaffirmed other targets and medium-term goals

Outlook
Arbonia now expects 2026 EBITDA without one-time effects to be near prior-year level of CHF 57.3 mln
Company lowers 2026 EBITDA guidance, citing temporary SAP/ERP rollout impacts at Garant
Arbonia reaffirms all other 2026 guidance parameters and medium-term targets for 2029

Result Drivers
SAP/ERP ROLLOUT DISRUPTIONS - Operational challenges from SAP/ERP rollout at Garant led to temporary negative impact on revenue and EBITDA
STRONG ORDER VOLUMES - Incoming orders and order volumes were significantly above previous year at all large production plants
HIGHER COSTS - Increased material and transport costs, as well as currency effects, negatively affected results

Company press release: ID:nEQ2n5X1Ja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Cash Flow from Operating Activities
 
-CHF 24.90 mln
 
H1 EBIT
 
-CHF 4.50 mln
 
H1 EBITDA
 
CHF 23.80 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy"
Wall Street's median 12-month price target for Arbonia AG is CHF4.75, about 22.4% above its August 24 closing price of CHF3.88
The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 25 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)