Germany's KAP AG Q1 revenue falls 9.1% amid weak demand

Kap AG

28/05/2026 07:10

Overview
Germany industrial holding's Q1 2026 revenue fell 9.1% amid weak demand and higher costs
Normalised EBITDA for Q1 2026 declined 15.8% yr/yr to €6.4 mln
Company initiated restructuring and reaffirmed 2026 guidance despite challenging market environment

Outlook
KAP AG expects 2026 revenue between €230.0 mln and €250.0 mln
Company sees 2026 normalised EBITDA between €19.0 mln and €23.0 mln
KAP AG says guidance reflects challenging macroeconomic and sector-specific environment

Result Drivers
WEAK DEMAND - Co said lower revenue and earnings were mainly due to subdued demand in automotive and industrial sectors and delayed customer orders
HIGHER ENERGY COSTS - Rising oil and energy costs strained supply chains and contributed to lower order volumes
RESTRUCTURING MEASURES - Co initiated restructuring, including cost savings, portfolio adjustments, and site closures, but said positive effects are not yet reflected in results

Company press release: ID:nEQ9FN04a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Normalised EBITDA
 
EUR 6.4 mln

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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.)