Gerresheimer cuts 2026 outlook on execution challenges, economic environment
Gerresheimer cuts 2026 outlook on execution challenges, economic environment June 29 (Reuters) - German packaging firm Gerresheimer GXIG.DE on Monday cut its margin outlook for 2026, as project delays and operational issues including production ramp-ups weighed on earnings.
The company now expects an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) margin of around 17% to 18% for the current year before M&A and refinancing activities, down from a previous forecast of 18% to 19%.
Gerresheimer also anticipates negative free cash flow of between €-50 million and €-100 million.
(Reporting by Danny Callaghan)
((Email: danny.callaghan@thomsonreuters.com))
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