EDAG Revises 2026 Revenue Guidance Lower
EDAG reported preliminary nine-month revenue of EUR 498.7 million, down from EUR 547.2 million a year earlier. Adjusted EBIT was EUR 4.7 million, versus a EUR 4.5 million loss. The company now expects 2026 revenue to decline by up to approximately 10 percent, compared with its previous forecast of a decline of up to 5 percent; the EBIT margin outlook remains unchanged.
EDAG Engineering Group AG reported preliminary, unaudited revenue of EUR 498.7 million for the first nine months of 2026, down from EUR 547.2 million in the same period last year. Adjusted EBIT for the period was EUR 4.7 million, compared to a loss of EUR 4.5 million in the prior year. Citing ongoing restructuring and transformation measures among automotive customers, as well as cautious demand in the industrial sector, the company stated that a full recovery of the revenue shortfall is no longer expected in the final quarter.
Consequently, management has revised its 2026 revenue guidance, now projecting a decline of up to approximately 10 percent, compared to the previous forecast of a decline of up to 5 percent. The guidance for the EBIT margin remains unchanged at up to approximately 3 percent.