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Sogefi (SGF) investor relations material
Sogefi TP ICAP Midcap Conference presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 financial performance
Revenues reached €250.2m, down 2.3% year-on-year, but up 0.7% at constant exchange rates, with growth in Europe, North America, and India offsetting declines in China and South America.
EBITDA increased to €36.4m from €33.8m, and EBIT rose to €17.2m from €15.1m, with adjusted EBIT margin improving to 6.9%.
Net income was €10.9m, with operating activities net income at €11.7m, both higher than Q1 2025.
Free cash flow (FCF) improved to €14.3m, and net financial position (NFP) was €4.8m, reflecting lower use of factoring.
Net debt including IFRS16 decreased to €48.6m at March-end, down from €56.3m at end-2025.
Sales by geography and business unit
Europe and North America outperformed their respective markets, with Europe up 3.5% and North America up 1.0% at constant FX.
India saw strong growth (+19.9%), while China and South America declined in line with or below market trends.
Air & Cooling sales grew 3.1% at constant FX, driven by new projects in Europe (+10.4%) and growth in North America.
Suspensions were stable in Europe, up in India, but declined in South America and China.
Business transformation and e-mobility
Nearly half of new contracts in Q1 2026 were related to e-mobility for both Air & Cooling (49%) and Suspensions (46%).
Air & Cooling expanded its portfolio with new EV cooling solutions and secured contracts in North America, China, and India.
Customer portfolio broadened to include Chinese and North American pure electric OEMs, battery manufacturers, and new market entrants.
31% of 2025 sales were for e-mobility (hybrid + fully electric vehicles).
- High plant utilization, cost pass-through, and Chinese competition drive strategic focus.SGF
Status Update29 Apr 2026 - Q1 2026 saw higher margins, improved cash flow, and a €20 million divestment agreement.SGF
Q1 202627 Apr 2026 - Adjusted margins improved in 2025 despite revenue decline and rising market uncertainty.SGF
Q4 20252 Mar 2026 - Net income and margins soared on Filtration sale, driving strong cash flow and financial turnaround.SGF
Q2 20243 Feb 2026 - Profitability surged despite a 4.6% revenue drop, as Filtration sale boosted net income.SGF
Q3 202418 Jan 2026 - Net profit from operating activities surged 75% as margins and cash improved despite lower revenue.SGF
Q1 202524 Dec 2025 - Net profit surged to €141.3m in 2024 after Filtration sale; €0.15/share dividend proposed.SGF
Q4 20241 Dec 2025 - EBITDA and EBIT margins rose despite a 3.0% revenue drop, with strong e-mobility contract wins.SGF
Q2 202516 Nov 2025 - EBIT and net profit nearly doubled as margins improved, but outlook remains cautious.SGF
Q3 202528 Oct 2025
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