Austriacard Holdings AG reported a 61% surge in net profit for Q1 2026, driven by strong EBITDA growth and lower interest costs. Revenue grew 8% year-over-year, with EBITDA margin improving to 12.9%.
Following the earnings release, the stock jumped 18.1% in after-hours trading to $9.59, reflecting investor optimism. CEO Manolis Kontos stated: "Our Q1 results demonstrate the strength of our strategic initiatives and disciplined financial management."
The company reaffirmed its 2026 outlook: high single-digit revenue growth, improved EBITDA margin, and better operating cash flow in H2. Key growth drivers include digital technologies and identity solutions.
Separately, Dai Nippon Printing (DNP) announced a voluntary takeover offer at €10 per share, valuing Austriacard at €364 million. The offer represents a 20% premium to the last closing price.
