EDAG Engineering Group Achieves Break-Even in H1 2026

EDAG Engineering Group AG reported reaching break-even adjusted EBIT during the first half of 2026. Despite ongoing challenges in the automotive sector, the company achieved EUR 334.4 million in revenues, slightly down from the EUR 366.7 million recorded the previous year. The adjusted EBIT improved to EUR 0.3 million from the negative EUR 7.6 million in the same period in 2025, with a marginal EBIT margin increase to 0.1%.

Key to this turnaround were restructuring measures and increased international delivery structures, especially in India. The company also saw revenue doubling in its Defence segment. Capital measures including a EUR 50 million increase and a EUR 25 million convertible loan bolstered its equity ratio to 25.5%.

EDAG remains cautious for full-year forecasts, anticipating a revenue range between -5% and 0%, and a positive EBIT margin up to 3%. Investment is forecasted at the lower end of the 2-3% range.