on WashTec AG (ETR:WSU)
WashTec AG: Record Revenue Driven by Equipment Business
WashTec AG reported a record revenue of €247.8 million in the first half of 2026, marking a 6.6% increase compared to the previous year. This growth was primarily driven by strong sales in the Equipment business line across Europe, Other segments, and North America. Despite this, EBIT remained stable at €17.7 million, reflecting the impact of strategic program expenditures. The EBIT margin fell slightly to 7.1% from 7.6%.
Free cash flow decreased to €13.7 million from €20.0 million previously, attributed to a rise in trade receivables. ROCE slightly improved to 24.2%. An increase in orders, especially in North America, indicates continued demand.
The company maintains its guidance for the fiscal year 2026. CEO Michael Drolshagen noted the need for progress in strategic efficiency programs but expressed confidence in achieving targets for the year.
R. P.
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