Germany's ElringKlinger Q1 revenue rises, EBIT margin improves

ElringKlinger AG

07/05/2026 06:39

Overview

Germany automotive supplier's Q1 revenue rose 1.6% yr/yr, driven by E-Mobility growth

Adjusted EBIT margin improved to 6.8% from 4.9% on structural transformation measures

Company confirmed 2026 guidance for slight organic revenue growth and 6-7% adjusted EBIT margin

Outlook

ElringKlinger confirms 2026 guidance for slight organic revenue growth

Company expects 2026 adjusted EBIT margin of around 6 to 7%

ElringKlinger aims for 2026 operating free cash flow just within positive territory

Result Drivers

E-MOBILITY RAMP-UP - Organic revenue growth was primarily driven by the dynamic ramp-up of series production for high-volume E-Mobility orders

TRANSFORMATION PROGRAMS - Structural improvements from STREAMLINE and SHAPE30 programs contributed to higher gross profit margin and improved adjusted EBIT

Company press release: ID:nEQ1YGlXPa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 430 mln
Q1 EBIT
EUR 28.40 mln
Q1 Order Backlog
EUR 1.20 bln
Q1 Orders
EUR 491.40 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Wall Street's median 12-month price target for ElringKlinger AG is €4.80, about 12.4% below its May 6 closing price of €5.48

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)