Maire Reports Q3 2026 Results Above Consensus
Maire reported a 7.6% EBITDA margin, with performance driven primarily by higher revenue in its Sustainable Technology Solutions division. It confirmed its full-year 2026 guidance for revenue and EBITDA, and said project execution in the Middle East remains on plan. Capital expenditure guidance includes the Ballestra acquisition and other selective M&A activities.
Maire reported a strong third quarter for 2026, with EBITDA reaching 148 million euros and a margin of 7.6%. The performance exceeded consensus estimates, driven primarily by higher revenues in the Sustainable Technology Solutions (STS) division. The company confirmed its full-year 2026 guidance, expecting revenues between 7.5 and 7.7 billion euros and EBITDA between 545 and 575 million euros. Management noted that project execution in the Middle East continues to progress as planned.
Capital expenditure for the year is projected to be between 250 and 300 million euros, a figure that accounts for the acquisition of the Ballestra group and other selective M&A activities.