Switzerland's Interroll H1 sales rise on firm demand, Royal Apollo acquisition

Interroll Holding AG

31/07/2026 05:42

Overview
Switzerland material-handling provider's H1 sales rose 9% yr/yr, driven by solid demand and acquisitions
EBIT declined slightly as higher R&D and acquisition costs weighed on margins
Net profit fell to CHF 19.8 mln, reflecting higher tax expenses

Outlook
Company says business momentum improved, providing a solid basis for the remainder of the yr
Interroll expects new Americas sales organization to strengthen commercial momentum in H2
Company says macroeconomic challenges and geopolitical tensions could affect business performance

Result Drivers
ACQUISITION IMPACT - Royal Apollo acquisition contributed to sales growth and expanded platform and service offerings
INCREASED INVESTMENTS - Higher R&D and innovation spending, as well as costs related to acquisitions, weighed on EBIT margin
REGIONAL GROWTH - EMEA and Asia Pacific regions saw growth, supported by improved customer demand and project activity, while North America was flat

Company press release: ID:nEQ6xRlX5a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Sales
Beat
CHF 269.90 mln
CHF 256 mln (1 Analyst)
H1 EBIT
 
CHF 27 mln
 
H1 EBITDA
 
CHF 39.90 mln
 
H1 EBITDA Margin
 
14.80%
 
H1 EBIT Margin
 
10.00%
 
H1 Free Cash Flow
 
-CHF 19.40 mln
 
H1 Orders
 
CHF 295.20 mln
 
H1 ROE
 
8.00%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the heavy electrical equipment peer group is "buy"
Wall Street's median 12-month price target for INTERROLL HOLDING AG is CHF2,295.00, about 60.5% above its July 30 closing price of CHF1,430.00
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago

Reuters Recommended Reads
July 30 - Switzerland's Kardex H1 EBIT falls on Automated Products underperformance
July 30 - Switzerland's Bucher H1 sales and profit fall on weak demand, restructuring costs
July 30 - Columbus McKinnon Q1 sales beat on Kito Crosby acquisition boost

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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.)