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EXEL Industries
EXEL Industries (EXE) investor relations material
EXEL Industries Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary28 Jan, 2026
Executive summary
Q1 2025-2026 revenue declined 17.5% year-over-year to €133.7 million, reflecting challenging and mixed market conditions.
All business segments reported lower sales, with the steepest drop in Sugar Beet Harvesting.
Order books show early signs of improvement in Agricultural Spraying and remain strong in Garden and Industry activities.
Financial highlights
Agricultural Spraying revenue fell 21.1% year-over-year, impacted by a deteriorating agricultural market and cautious investment.
Sugar Beet Harvesting sales dropped 29.4% due to lower sugar prices and reduced beet acreage.
Leisure segment revenue decreased 8.8%, though UK sales remained strong.
Industry segment revenue declined 12.5%, with invoicing delays due to ERP rollout and mixed performance in Technical Hoses.
Outlook and guidance
Agricultural Spraying order book is slightly better than last year, with US federal support expected to boost demand.
Sugar Beet Harvesting faces continued caution in Western Europe and the US, but other regions are more resilient.
Garden activities maintain positive order levels, with notable product recognition in the yacht segment.
Industry order book remains healthy, with sales expected to catch up in Q2 and improved outlook for Technical Hoses.
Quantify US federal package impact on Ag Spraying
Industry Q1 ERP impact on revenue and Q2 catch-up
When is European Ag Spraying market recovery expected?
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Next EXEL Industries earnings date
Q2 2026 TU24 Apr, 2026
EXEL Industries
Next EXEL Industries earnings date
Q2 2026 TU24 Apr, 2026
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Frequently asked questions
EXEL Industries SA is a French company specializing in the design, manufacture, and marketing of capital equipment and associated services primarily for agricultural, industrial, and consumer markets. The company is a global leader in spraying solutions, offering a diverse range of products used in plant protection, industrial material application, and leisure activities. These include agricultural sprayers, industrial spray guns, dust removal systems, sugar beet harvesters, and equipment for watering and gardening. EXEL Industries also provides products for the nautical industry, such as equipment for high-end pleasure boats. EXEL Industries SA is headquartered in Paris, France, and its shares are listed on the Euronext Paris.
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