Italy's Emak Q1 revenue falls on weak demand

Emak SpA

12/05/2026 12:11

Overview

Italy gardening and forestry equipment maker's Q1 revenue declined yr/yr amid weak demand

Adjusted EBITDA for Q1 fell yr/yr as all segments reported lower sales

Company attributes declines to inventory normalization, weak demand, and negative currency effects

Outlook

Company says ongoing market uncertainty and competitive pressures may impact business performance

Emak remains focused on process optimization and cost efficiency amid uncertain economic outlook

Company expects gradual recovery if economic conditions normalize during the year

Result Drivers

INVENTORY NORMALIZATION - Co said distributor inventory adjustments negatively affected sales across segments

WEAK DEMAND - Co cited weak demand in key markets as a driver of lower sales

NEGATIVE CURRENCY EFFECTS - Co said currency translation had a negative impact on revenue

Company press release: ID:nBIARLngK

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 176.70 mln
Q1 Adjusted EBITDA
EUR 23.10 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the heavy machinery & vehicles peer group is "buy"

Wall Street's median 12-month price target for Emak SpA is €1.60, about 77.8% above its May 11 closing price of €0.90

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 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.)