Aumann (AAG) Q1 2026 earnings summary

Executive summary

• Q1 2026 revenue declined 38.4% year-over-year to €37.3 million, mainly due to weak e-mobility demand and subdued automotive investment.

• EBITDA margin remained stable at 10.8%, supported by efficiency measures and cost adjustments.

• Order intake dropped 32.9% to €34.4 million, while order backlog stood at €119.5 million, providing a solid base for future quarters.

• Next Automation segment showed strong growth in order intake and backlog, offsetting automotive sector weakness.

• Net cash position is robust at €144.2 million, with an equity ratio of 68.3%.

Financial highlights

• Revenue: €37.3 million, down 38.4% year-over-year.

• EBITDA: €4.0 million, down 39% year-over-year; margin stable at 10.8%.

• Order intake: €34.4 million, down 32.9% year-over-year.

• Order backlog: €119.5 million at March-end, down from €173.4 million.

• Net profit: €2.0 million (down 48.4% year-over-year); EPS €0.16.

Outlook and guidance

• 2026 revenue expected around €160 million, with EBITDA margin of 6%-8%.

• Management expects resilient and profitable performance despite market headwinds.

• Continued focus on cost optimization and diversification into Clean Tech, Aerospace, and Life Sciences.

• E-mobility revenue likely to decline due to lower starting backlog.

• Next Automation expected to maintain positive momentum.