Semperit more than doubles earnings, confirms outlook

Vienna — Semperit Group has reported sharply higher first-quarter earnings, with earnings (EBITDA) more than doubling year-on-year.

The Austrian industrial elastomer group saw earnings rise to €26.8 million in the opening quarter, up from €11.1 million a year earlier, on 7.9% higher sales of €163.7 million, Semperit said 13 May.

Earnings margin improved to 16.4%, compared with 7.3% in the prior-year period, while earnings after tax returned to positive territory at €8.9 million against a loss of €7.2 million in the first quarter of 2025.

“Operating earnings” (EBITDA before project costs) reached €27.8 million, up from €11.9 million a year earlier, the group added.

“The performance in the first quarter of 2026 underscores Semperit’s operational strength and sustainable earnings potential,” said CEO Manfred Stanek.

Stanek linked the improvement to “efficiency gains, sales initiatives and innovation while maintaining strict financial discipline.”

According to Semperit, the performance reflected continued momentum from the second half of 2025, with both operating divisions contributing to earnings growth.

By division, Semperit Industrial Applications (SIA), comprising hoses and profiles, posted a 7.4% increase in revenue to €70.3 million, while earnings rose 73.9% to €19.6 million.

The earnings margin in the business improved to 27.8%, up from 17.2% a year earlier.

Semperit Engineered Applications (SEA), which includes Form, Belting and Liquid Silicone, increased revenue by 8.3% to €93.4 million, while earnings more than doubled to €11.5 million.

The margin in SEA improved to 12.3%, compared with 4.6% in the prior-year quarter.

Group EBIT came in at €14.4 million against a loss of €1.3 million a year earlier, while free cash flow increased to €13.1 million from €8.7 million.

Looking ahead, the group maintained its guidance for 2026 and said it expected revenue growth in the “high single-digit percentage range” and operating earnings of around €95 million.

“Following our return to growth in the first quarter, we see Semperit well positioned for the full year 2026 to benefit disproportionately from a moderate market recovery,” said Stanek.

Pointing to the current geopolitical situation, Semperit said uncertainties “remain high.”

In particular, it said, the situation affects price trends and the availability of raw materials, as well as the general demand situation.

The company added that it continues to manage raw material sourcing through a “multi-source and multi-region strategy” to mitigate supply risks.

However, it added, “should the situation in the Middle East escalate further, potential supply bottlenecks cannot be completely ruled out for the remainder of the year.”