Germany's Surteco 2025 revenue falls 4%, posts net loss

Surteco SE

21/04/2026 06:41

Overview

Germany surface technology supplier's 2025 revenue fell 4% to €821.2 mln, organic revenue down 2%

Adjusted EBITDA for 2025 declined 16% to €80.2 mln, net loss was €14.3 mln

Preliminary Q1 2026 revenue was €208.4 mln, adjusted EBITDA unchanged yr/yr

Outlook

Surteco expects 2026 revenue between €780 mln and €830 mln

Company sees 2026 adjusted EBITDA between €70 mln and €90 mln

Result Drivers

DISCONTINUED BUSINESS - Revenue decline partly attributed to exit from impregnation business

NEGATIVE CURRENCY EFFECTS - Currency movements weighed on revenue and financial result, contributing to net loss

SEGMENT PERFORMANCE - Surfaces and Edgebands segments saw revenue and adjusted EBITDA declines, while Profiles grew slightly

Company press release: ID:nEQc805MQa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 2026 Sales
EUR 208.40 mln
2025 EBIT
EUR 13.70 mln
2025 EBITDA
EUR 72.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the home furnishings peer group is "buy"

Wall Street's median 12-month price target for Surteco Group SE is €18.50, about 76.2% above its April 20 closing price of €10.50

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 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.)