Netherlands' Cabka Q1 sales rise 7%, profitability improves

Cabka NV

21/04/2026 07:08

Overview

Netherlands plastic recycler's Q1 2026 sales rose 7% yr/yr to €47.3 mln

Profitability improved on disciplined cost management and strategy execution

Company reiterates 2026 guidance for revenue and EBITDA margin improvement

Outlook

Cabka reiterates 2026 guidance, expecting improved revenues and higher EBITDA margin versus 2025

Company says order intake across segments developed positively, providing good visibility for Q2

Cabka remains focused on disciplined execution and cash generation amid volatile geopolitical environment

Result Drivers

EUROPEAN GROWTH - Portfolio segment revenues in Europe rose 10% yr/yr, while Contract Manufacturing in Europe grew 32% yr/yr

US PORTFOLIO DECLINE - Portfolio revenues in the US fell 18% yr/yr, in line with expectations, as US operations shift focus toward Contract Manufacturing

DISCIPLINED COST MANAGEMENT - Improved profitability attributed to ongoing cost discipline and strategy execution

Company press release: ID:nGNE4MgbYC

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 47.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the non-paper containers & packaging peer group is "buy"

Wall Street's median 12-month price target for Cabka NV is €2.70, about 36.4% above its April 20 closing price of €1.98

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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.)