SURTECO GROUP SE: Sales and earnings within the target corridor; rise in adjusted and reported EBITDA; forecast confirmed
Published on 07/31/2026 at 07:30 | dgap.de| SURTECO GROUP SE / Key word(s): Half Year Report 31.07.2026 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Press Release Sales at € 420.8 million (1st half year 2025: € 436.3 million) Adjusted EBITDA increases by 5 % to € 53.2 million after € 50.6 million in the previous year Buttenwiesen, 31 July 2026 – In the first half year of 2026, sales of the SURTECO Group at € 420.8 million were -4 % below the year-earlier value of € 436.3 million, essentially owing to the discontinuation of the business with impregnates and negative exchange rate effects. Adjusted by these effects, organic sales development amounted to +2 %. Adjusted by one-off exceptional effects, earnings before financial result, income tax and depreciation and amortization (adjusted EBITDA) increased by 5 % to € 53.2 million (2025: € 50.6 million). With the exception of North America, all other segments succeeded in raising their earnings. The margin (adjusted EBITDA / sales) went up at Group level from 11.6 % in the previous year to 12.6 % in the first six months of 2026. Reported EBITDA – without adjustment by extraordinary income, acquisition and integration costs, consultancy costs, write-downs for material inventories from the discontinuation of the business with impregnates and provisions for personnel measures – increased by 9 % to € 47.3 million after € 43.3 million in the previous year. Depreciation and amortization increased to € -37.8 million after € -29.4 million in the previous year primarily resulting from a one-time effect arising from derecognition of a purchase option for leased buildings, while the financial result improved to € -7.7 million (2025: € -14.1 million). This is essentially due to negative exchange rate effects arising from intercompany loans in the previous year. The consolidated net loss therefore amounted to € -3.0 million in the first half year after € -5.5 million in the previous year. In the course of the second quarter of 2026, the Group’s principal financial arrangements were successfully refinanced. The syndicated loan with a nominal value of € 209.0 million - including a € 30.0 million revolving credit facility - was extended until 28 December 2029. A uniform maturity of 28 December 2029 was also agreed for the existing promissory note loans with a total nominal value of € 184.5 million. At the same time, the interest conditions for the financing arrangements were adjusted, existing financial indicators (covenants) were revised and an additional financial indicator relating to compliance with a contractually defined minimum liquidity was agreed. As a consequence, the syndicated loan is once again listed in the financial statements for the half year under non-current financial liabilities. There continues to be no prospect of any significant upturn in demand within the sales markets of SURTECO. Nevertheless, the countermeasures that have been introduced – also for the intensifying risk of increasing raw materials prices resulting from the Iran War – are beginning to demonstrate successes, which are already being reflected in the EBITDA margins. Hence, the company confirms its forecast for consolidated sales in the range between € 780 million and € 830 million and an adjusted EBITDA between € 70 million and € 90 million. “The successful extension of our financing arrangements gains us additional scope for driving forward the ongoing development of the Group. The current performance of earnings confirms our confidence in the strategic direction we are pursuing,” commented Wolfgang Moyses, the Chairman of the Management Board of SURTECO GROUP SE. You will find the report on the first half of 2026 and other information about SURTECO GROUP SE on the Internet at www.surteco.com. Contact:
31.07.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. View original content: EQS News |
| Language: | English |
| Company: | SURTECO GROUP SE |
| Johan-Viktor-Bausch-Str. 2 | |
| 86647 Buttenwiesen | |
| Germany | |
| Phone: | +49 (0)8274 99 88-0 |
| E-mail: | ir@surteco.com |
| Internet: | www.surteco.com |
| ISIN: | DE0005176903 |
| WKN: | 517 690 |
| Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate BSX |
| LEI Code: | 52990096XE56IELO5P09 |
| EQS News ID: | 2373998 |
| End of News | EQS News Service |
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en | DE0005176903 | SURTECO GROUP SE | boerse | 69903387 |
