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Jacquet Metals (JCQ) investor relations material
Jacquet Metals Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 2026 sales reached €502m, down 1.7% year-over-year, with volumes up 0.8% and negative price effect amid persistent geopolitical uncertainty, especially in the Middle East.
Gross margin improved to 24.7% from 23.4% in Q1 2025, and EBITDA rose to €29m (5.7% of sales), up from 4.8%.
Net income (Group share) increased to €9m, up from €2m in Q1 2025.
Gearing rose to 25% from 21% at 2025 year-end.
The Board will propose a €0.2 per share dividend at the June 2026 General Meeting.
Financial highlights
Sales: €502m, down 1.7% year-over-year, with a 0.8% volume increase and 2.4% price drop.
Gross margin: €124m (24.7% of sales), up from €119m (23.4%).
EBITDA: €29m (5.7% of sales), up from €24m (4.8%).
Adjusted operating income: €20m (3.9% of sales), up from €14m (2.8%).
Net financial expense decreased to €5m from €6m year-over-year.
Outlook and guidance
Ongoing organic growth projects in Spain, the US, and China.
Market conditions expected to remain similar with reduced visibility; focus on tight financial management and continued investment.
- Sales dropped 6.6% but margins and net income rose, with strong cash flow and lower gearing.JCQ
H2 202519 Mar 2026 - Gross margin and EBITDA improved despite lower sales, with strong cash flow and reduced net debt.JCQ
Investor presentation18 Mar 2026 - Sales and profits dropped 15.5% in H1 2024, with further weakness expected in Q3.JCQ
H1 20245 Nov 2025 - Sales fell 7.5% year-over-year, but margins and net income improved despite market headwinds.JCQ
Q3 20255 Nov 2025 - Q1 2024 saw lower sales and profit but strong cash flow and continued global expansion.JCQ
ODDO BHF Nextcap Forum Presentation11 Sep 2025 - Q1 2024 saw lower sales and profit but robust cash flow and continued investment.JCQ
Portzamparc Annual Conference Mid & Small Caps Presentation11 Sep 2025 - Global special metals distributor faces lower H1 2024 sales but expands and boosts sustainability.JCQ
Lyon Pôle Bourse Forum Presentation11 Sep 2025 - Global special metals distributor with €2.0bn sales, strong growth, and sustainability focus.JCQ
ODDO BHF Forum Presentation11 Sep 2025 - Q1 2025 sales fell 8.5% but gross margin and EBITDA improved amid strong recycling efforts.JCQ
ODDO BHF Nextcap Forum Presentation11 Sep 2025
Next Jacquet Metals earnings date
Next Jacquet Metals earnings date
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