Italy's Interpump revenue inches up, shares slide

Interpump SpA

15/05/2026 14:46

May 15 (Reuters) - Shares in Italy's Interpump IPG.MI fell 11.5% on Friday after the high-pressure pump maker reported a 0.6% rise in its first-quarter revenue to 524.8 million euros ($609.98 million).

Interpump said in February it expected 2026 revenue development to be between a 2% drop and a 3% rise, which was less than the market had expected and sent the company's shares close to 18% lower back then.

"The results for the quarter are in line with expectations, with a particularly favourable performance in the Hydraulic division", Interpump Chairman Fulvio Montipò said in a statement.

The shares were down more than 4% before the publication

Hydraulic unit revenue rose 2.7% to 365.1 million euros in the quarter

The Water Jetting unit's revenue fell 10.4% to 159.7 million euros

Q1 EBITDA fell 2.3% to 114.7 million euros; net profit grew 0.9% to 57.5 million euros

Interpump confirmed its full-year targets

($1 = 0.8604 euros)

 (Reporting by Philippe Leroy Beaulieu in Gdansk, Editing by Louise Heavens)

 ((philippe.leroybeaulieu@thomsonreuters.com))