ElringKlinger (ZIL2) Q4 2025 earnings summary

Executive summary

• Organic revenue grew 2.3% year-over-year to €1,641 million, despite a 9% reported decline due to divestitures and FX effects.

• Adjusted EBIT margin improved to 5.4%, with adjusted EBIT at €88.6 million, meeting guidance.

• Transformation strategy advanced through high investments in E-Mobility, site closures, and divestments to focus on core business.

• STREAMLINE program reduced personnel costs, supporting sustainable cost structure improvements.

• Proposed dividend remains steady at €0.15 per share.

Financial highlights

• Adjusted EBITDA was €178.3 million, with a margin of 10.9%; reported EBITDA was €140.8 million.

• Net loss for the period was €-6.1 million, a significant improvement from €-137.8 million last year.

• Operating free cash flow was €33.1 million, down from €58.4 million year-over-year.

• Investments in property, plant, and equipment increased 31% to €142.7 million.

• Adjusted earnings per share were €0.62.

Outlook and guidance

• FY2026 sales expected to rise slightly year-over-year in organic terms, with adjusted EBIT margin guidance of 6–7%.

• Medium-term targets include adjusted EBIT margin of around 8%, operating free cash flow of 2–4% of sales, and net debt/EBITDA below 2.0.