Friedrich Vorwerk Group SE reported robust Q1 2026 financials, with revenue of €139 million in line with expectations. However, earnings per share of €0.81 missed analyst forecasts, triggering a 6.29% stock decline to €73.7.
Despite severe weather, the company showcased operational flexibility. The electricity segment contributed 56% of total revenue. EBITDA surged 75% to €31.8 million, with margins reaching 22.8%.
The company is optimistic about growth in hydrogen and energy transition projects. Order backlog rose to €1.4 billion. CEO Torben Kleinfeldt praised the team's resilience and future opportunities.
Bond.az notes Friedrich Vorwerk's strong financial health: current ratio of 1.84, Altman Z-Score of 9.1. FY2026 guidance confirms revenue of €730-780 million and EBITDA of €160-180 million.
