on PRODWAYS (EPA:PWG)
Prodways Group Q1 2026 Revenue Declines amid Strategic Adjustments
Prodways Group reported a decrease in Q1 2026 revenue, totaling €10.6 million, marking a 9% decline compared to Q1 2025. The decrease is primarily attributed to the planned sale of its Software business, which is now considered a discontinued operation. Despite the downturn, Prodways remains focused on its strategy, evidenced by an agreement to sell the Software business for €35 million, pending shareholder approval.
The Systems Division saw a significant revenue drop to €3.4 million, mainly due to decreased material sales in Germany. Nevertheless, sales of 3D printers remained stable, with Moving Light ceramic printers becoming a substantial portion of sales. The Products Division recorded €7.2 million in sales, showing only a slight dip compared to last year.
Prodways is committed to retaining financial discipline amid uncertain economic conditions and aims to improve its EBITDA margin. Shareholder approval for the Software sale could result in a public share buyback offer totaling €20 million. The company maintains its objective of stable or higher revenue for the year.
R. P.
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