EXEL Industries Reports 13% Decline in Annual Revenue for 2025-2026

EXEL Industries faced a challenging fiscal year in 2025-2026, recording a 13% decrease in annual revenue, falling to €855.7 million from €983.0 million the previous year. This decline was primarily influenced by persistent weak markets, particularly in Europe. Sales in the fourth quarter also experienced a drop of 4.7%, with the Industry sector seeing the most significant decrease.

Agricultural Spraying revenue fell by 13.8%, as unfavorable weather and increased input costs, particularly in Europe, stifled growth. Similarly, Sugar Beet Harvesting saw a decline of 14.6%, hindered by shrinking cultivated areas and falling sugar prices. Leisure and Industry sectors also reported downturns, with revenues dropping by 7.4% and 13.7% respectively.

Despite the overall decline, Australia and North America showed signs of stabilization. Looking forward, EXEL Industries plans to implement cost-reduction measures to navigate the ongoing weak market conditions.