Austria's Semperit posts H1 profit as revenue rises; lifts 2026 EBITDA outlook
Austria's Semperit posts H1 profit as revenue rises; lifts 2026 EBITDA outlook
Overview
Austria industrial elastomer maker's H1 2026 revenue rose 11.1% yr/yr, EBITDA more than doubled
Earnings after tax turned positive in H1 2026, with EPS at EUR 1.39
Company raised 2026 EBITDA forecast to EUR 100 mln, citing improved operations and cost measures
Outlook
Semperit raises 2026 operating EBITDA guidance to about EUR 100 mln from EUR 95 mln
Company expects 2026 revenue growth in the high single-digit percentage range
Semperit sees more challenging H2 due to higher raw material costs and macro uncertainties
Result Drivers
HIGHER SALES VOLUMES - Co said increased sales volumes contributed to revenue growth and improved profitability
IMPROVED CAPACITY UTILIZATION - Co attributed margin gains to better capacity utilization across both divisions
COST AND EFFICIENCY MEASURES - Co said cost and efficiency initiatives supported margin improvement
Company press release: ID:nEQ6xTfSXa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 355.90 mln |
|
H1 EPS |
| EUR 1.39 |
|
H1 EBIT |
| EUR 41.70 mln |
|
H1 EBITDA |
| EUR 66.6 mln |
|
H1 EBIT Margin |
| 11.70% |
|
H1 Free Cash Flow |
| EUR 30.40 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the tires & rubber products peer group is "buy"
Wall Street's median 12-month price target for Semperit Holding AG is €19.00, about 26.2% above its August 12 closing price of €15.05
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 15 three months ago
Reuters Recommended Reads
Aug 11 - Indian tyre maker MRF posts lower quarterly profit on elevated material costs
Aug 11 - Germany's Norma Group Q2 adjusted EBIT more than triples
Aug 12 - Germany's Brenntag Q2 sales rise 11%, operating EBITDA up 41% on higher chemical pricing
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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.)