Global Dominion Access (DOM) Q1 2026 earnings summary

Executive summary

• Q1 2026 delivered 5.3% organic sales growth at constant exchange rates, with revenue of €247.2 million, despite macroeconomic uncertainty and significant divestments.

• EBITDA margin was 13.4%, with net profit stable at €7 million; over 80% of contribution margin now comes from recurring activities.

• Strategic divestments in France, B2C retail, and telecom, and acquisitions in circular economy and decarbonization, have shifted the business toward more resilient, recurring revenue streams.

• Celebrated 10 years of stock exchange listing, highlighting consistent shareholder value through dividends and share buybacks.

• Segment profitability and order book remain strong, though project delivery slowed by geopolitical factors.

Financial highlights

• Revenue: €247.2 million, up 3.4% year-over-year on a comparable basis; organic growth at constant currency was 5.3%.

• EBITDA: €33.0 million, up 2.5% organically year-over-year, with a margin of 13.4%.

• Net attributable profit: €7.0 million, stable year-over-year.

• Operating margin: €39.8 million; financial expenses declined by nearly 27% year-over-year.

• Recurring business now exceeds 80% of contribution margin, a record high.

Outlook and guidance

• Exceeded Q1 2026 guidance for organic growth; positive trends expected in financial expenses and margin resilience.

• New strategic plan to focus on growth in energy, digital, and industrial transitions, with emphasis on electrification, data centers, and grid infrastructure.

• Continued focus on recurring business and resilience amid geopolitical uncertainty.