Italy's Sabaf Q1 adjusted revenue falls 6.2% on market weakness

Sabaf SpA

14/05/2026 11:59

Overview

Italy appliance component maker's Q1 adjusted revenue fell 6.2% yr/yr amid market weakness

Adjusted EBITDA for Q1 declined 8.7% yr/yr, reflecting lower margins and currency effects

Company cited geopolitical tensions and weak dollar as factors impacting results

Outlook

Company expects improved results in Q2 as sales and orders in April and May rise

Sabaf says market conditions remain complex due to geopolitical tensions and supply chain pressures

Company continues price adjustments and expands production in Mexico and India to support results

Result Drivers

GEOPOLITICAL TENSIONS - Co said international geopolitical tensions, especially in the Middle East, weighed on demand in key markets

CURRENCY EFFECTS - Sabaf said lower margins reflected negative exchange rate effects, mainly due to a weak dollar

REGIONAL WEAKNESS - Sales fell sharply in Turkey, Africa and the Middle East, offsetting growth in Europe and South America

Company press release: ID:nBIA9L0lkz

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 70.40 mln
Q1 Adjusted Revenue
EUR 70 mln
Q1 Adjusted EBITDA
EUR 9.50 mln
Q1 Adjusted EBIT
EUR 4.50 mln
Q1 EBITDA
EUR 9.70 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Sabaf SpA is €18.00, about 30% above its May 13 closing price of €13.85

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

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.)