Germany's Ringmetall 9M EBITDA rises on Liner Division acquisitions, organic growth

Ringmetall SE

Today 06:18

Overview
Germany industrial packaging firm's 9M revenue rose 7.2% year-over-year
EBITDA for 9M grew 15.7%, driven by Liner Division acquisitions and organic growth
Company confirmed full-year 2026 guidance for revenue and EBITDA

Outlook
Ringmetall confirms 2026 revenue guidance of EUR 195 mln to EUR 210 mln
Company maintains 2026 EBITDA guidance of EUR 23 mln to EUR 28 mln
Guidance excludes effects from Rapak acquisition and any further 2026 acquisitions

Result Drivers
LINER DIVISION ACQUISITIONS - Co said acquisitions in Liner Division were main driver of group revenue and earnings growth
ORGANIC GROWTH IN LINER DIVISION - Co said higher sales volumes in Liner Division contributed to organic revenue growth
CLOSURE SYSTEMS DIVISION DECLINE - Co said Closure Systems Division revenue fell, offset by efficiency improvements and cost optimization

Company press release: ID:nEQTP0PVa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Revenue
 
EUR 156.7 mln
 
9M EBIT
 
EUR 12.3 mln
 
9M EBITDA
 
EUR 21.7 mln
 
9M Gross Profit
 
EUR 84.8 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Ringmetall SE is €4.80, about 62.2% above its November 4 closing price of €2.96
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 17 three months ago

Reuters Recommended Reads
Nov 5 - Lanxess quarterly sales rise 9.6%
Nov 3 - Switzerland's Clariant Q3 sales beat on higher prices, EBITDA misses on cost pressure
Nov 3 - Graphic Packaging Q3 sales, adjusted EPS slightly beat estimates

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)