[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-501799-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-501799-en":131},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","stratec-q1-2026-financial-results-may-11-2026","STRATEC - Q1 2026 Financial Results - May 11, 2026","","Q1 2026 financial results presentation for STRATEC, dated May 11, 2026, outlines highlights, financial review, and forward outlook. It reports sales of €53.4 million (down 11.5% nominal) with declining adjusted EBITDA, EBIT, and net income, while systems business shows double-digit growth. Free cash flow improved to €18.6 million, supported by operating cash flow and reduced trade receivables. The agenda covers financial review adjustments, cash flow and net debt, and fiscal 2026 guidance.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/stratec-q1-2026-financial-results-may-11-2026/501799/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/stratec-q1-2026-financial-results-may-11-2026/501799.png","ImageObject",300,407,{"name":42,"@type":43},"Dipper","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-20","2026-10-03",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",11,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What were the key Q1 2026 highlights for STRATEC?","Question",{"text":63,"@type":64},"Sales and profitability declined in line with intra-year planning, while the Systems business maintained double-digit growth. Free cash flow dynamics improved significantly and a development pipeline progressed into serial production; 2026 guidance was confirmed.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How did sales and profitability change in Q1 2026 versus Q1 2025?",{"text":68,"@type":64},"Sales were €53.4 million, down 11.5% nominal (or -8.8% at constant currency). Adjusted EBITDA fell from €9.3 million to €4.7 million, and adjusted EBIT declined from €5.4 million to €0.7 million, with margins dropping accordingly.",{"name":70,"@type":61,"acceptedAnswer":71},"What supported the cash flow improvement in Q1 2026?",{"text":72,"@type":64},"Operating cash flow was €21.5 million, leading to free cash flow of €18.6 million. The presentation attributes the improvement to a reduction in elevated trade receivables from strong end-of-year 2025 performance.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},501799,1791028524,{"code":4,"msg":82,"data":83},"success",[84,88,92,96,101,106,111,115,120,123,127],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":93,"show_sort_weight":94,"slug":95},"Exam",70,"exam",{"id":97,"doc_module":4,"doc_module_name":25,"category_name":98,"show_sort_weight":99,"slug":100},5,"Comic",60,"comic",{"id":102,"doc_module":4,"doc_module_name":25,"category_name":103,"show_sort_weight":104,"slug":105},6,"Technology",50,"technology",{"id":107,"doc_module":4,"doc_module_name":25,"category_name":108,"show_sort_weight":109,"slug":110},7,"Healthcare",40,"healthcare",{"id":112,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":113,"slug":114},8,30,"research-report",{"id":116,"doc_module":4,"doc_module_name":25,"category_name":117,"show_sort_weight":118,"slug":119},9,"Religion & Spirituality",20,"religion-spirituality",{"id":118,"doc_module":4,"doc_module_name":25,"category_name":121,"show_sort_weight":118,"slug":122},"World Cup","world-cup",{"id":124,"doc_module":4,"doc_module_name":25,"category_name":125,"show_sort_weight":124,"slug":126},10,"Lifestyle","lifestyle",{"id":128,"doc_module":4,"doc_module_name":25,"category_name":129,"show_sort_weight":97,"slug":130},19,"General","general",{"code":4,"msg":82,"data":132},{"doc_id":79,"user_id":133,"nickname":42,"user_avatar":134,"doc_module":4,"category_id":112,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":140,"language":141,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":142,"faqs":143,"seo_title":144,"seo_description":12,"update_tm":145,"read_time":146},1374404997633,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","Q1 2026  \nFINANCIAL RESULTS  \nMay 11, 2026  \nSAFE HARBOR STATEMENT  \nForward-looking statements involve risks.  \nThis company presentation contains various statements concerning the future performance of STRATEC. These statements are based on both assumptions and estimates. Although we are convinced that these forward-looking statements are realistic, we can provide no guarantee of this.This is because our assumptions involve risks and uncertainties which could result in a substantial divergence between actual results and those expected.  \nIt is not planned to update these forward-looking statements.  \nQ1 2026 FINANCIAL RESULTS-MAY 11, 2026 2   \nAGENDA  \n1 . Q1 2026 ATA GLANCE  \n2 . FINANCIAL REVIEW  \n3 . OUTLOOK  \n4 . Q&A  \nQ1 2026 FINANCIAL RESULTS-MAY 11, 2026 3   \nQ1  \n2026 ATA GLANCE  \nHIGHLIGHTSAND ACHIEVEMENTS  \nDeclines in sales and profitability in line with intra-year planning  \nStrong momentum in the Systems business continues with double-digit growth rate in Q1 2026  \nAs already predicted, negative scale and product mix effects, burdened margin development in Q1 2026  \nSignificant improvement in free cash flow dynamics  \nWell-filled development pipeline and progress in transferring projects to serial production  \n2026 guidance confirmed  \nExpectation of a heavily  \nback-end-loaded year, underpinned by corresponding ordersand customer order forecasts  \nQ1 2026 FINANCIAL RESULTS-MAY 11, 2026 4   \nFINANCIAL REVIEW  \nFINANCIALSATA GLANCE 1  \n€ 000s  \nQ1 2026  \nQ1  \n2025  \nChange  \n\n| Sales | 53,426 | 60,363 | -11.5 %(cc: -8.8%) |\n| --- | --- | --- | --- |\n| Adjusted EBITDA | 4,691 | 9,305 | -49.6% |\n| Adjusted EBITDA margin (%) | 8.8 | 15.4 | -660 bps |\n| Adjusted EBIT | 691 | 5,363 | -87.1% |\n| Adjusted EBIT margin (%) | 1.3 | 8.9 | -760 bps |\n| Adjusted consolidated net income | -1,110 | 3,155 | n/a |\n| Adjusted basic earnings per share (in €) | -0.09 | 0.26 | n/a |\n| Basic earnings per share IFRS (in €) | -0.14 | 0.12 | n/a |\n| Free Cash Flow | 18,597 | -8,329 | n/a |\n\nbps = basis points  \ncc = at constant currency  \n1To facilitate comparison, figures have been adjusted to exclude amortization resulting from purchase price allocations in the context of acquisitions and other non-recurring items (including one-off advisory expenses, fees, and reorganization expenses) .  \nQ1 2026 FINANCIAL RESULTS-MAY 11, 2026 5   \nFINANCIAL REVIEW  \nADJUSTMENTS  \nEBIT  \n€ 000s Q1 2026 Q1 2025  \n\n| Adjusted EBIT | 691 | 5,363 |\n| --- | --- | --- |\n| Adjustments: |  |  |\n| PPA amortization | -556 | -924 |\n| Other 1 | -239 | -1,369 |\n| EBIT | -104 | 3,070 |\n\n1 Non-recurring items including one-off advisory expenses, fees, and reorganization expenses  \nConsolidated net income  \n€ 000s Q1 2026 Q1 2025  \n\n| Adjusted consolidated net income | -1 , 1 10 | 3, 155 |\n| --- | --- | --- |\n| Adjusted earnings per share in € (basic) | -0.09 | 0.26 |\n| Adjustments: |  |  |\n| PPA amortization | -556 | -924 |\n| Other 1 | -239 | -1.369 |\n| Taxes | 192 | 584 |\n| Consolidated net income | -1 ,713 | 1,446 |\n| Earnings per share in € (basic) | -0.14 | 0.12 |\n\n1 Non-recurring items including one-off advisory expenses, fees, and reorganization expenses  \nQ1 2026 FINANCIAL RESULTS-MAY 11, 2026 6   \nFINANCIAL REVIEW  \nSALES Q1 2026  \n€ 60.4 million  \n-8.8% at cc YoY  \n€ 53.4  \nmillion  \nQ1 2025 Q1 2026  \ncc = at constant currency As of March 31  \nQ1 2026 sales-8.8% yoy in constant currency to € 53.4 million (nominal: -11.5%)  \n• Double-digit growth rate with system sales in Q1/2026  \n• Decline in service parts and consumables sales due to temporary logistics optimizations measures at customers  \n• Tough prior year base of comparison for Development & Service sales  \nQ1 2026 FINANCIAL RESULTS-MAY 11, 2026 7   \nFINANCIAL REVIEW  \nADJUSTED EBIT AND EBIT MARGIN Q1 2026  \n€ 5.4 million  \n-87.1% YoY  \nQ1 2025 Q1 2026  \n Adj. EBIT  \nAs of March 31  \nQ1 2026 FINANCIAL RESULTS-MAY 11, 2026  \nQ1 2026 adj. EBIT at € 0.7 million Margin decline of 760 bps YoY to 1.3%  \n• E","cbCair0qi5NoI1h7","https://ap.wps.com/l/cbCair0qi5NoI1h7","pdf",1315902,13,"English","# Agenda\n## Q1 2026 at a glance\n## Financial review\n## Outlook\n## Q&A\n# Financial review\n## Financials at a glance\n## Adjustments\n## Sales\n## Adjusted EBIT and EBIT margin\n## Cash flow and net debt\n# Outlook\n## Financial guidance for fiscal year 2026","[{\"question\":\"What were the key Q1 2026 highlights for STRATEC?\",\"answer\":\"Sales and profitability declined in line with intra-year planning, while the Systems business maintained double-digit growth. Free cash flow dynamics improved significantly and a development pipeline progressed into serial production; 2026 guidance was confirmed.\"},{\"question\":\"How did sales and profitability change in Q1 2026 versus Q1 2025?\",\"answer\":\"Sales were €53.4 million, down 11.5% nominal (or -8.8% at constant currency). Adjusted EBITDA fell from €9.3 million to €4.7 million, and adjusted EBIT declined from €5.4 million to €0.7 million, with margins dropping accordingly.\"},{\"question\":\"What supported the cash flow improvement in Q1 2026?\",\"answer\":\"Operating cash flow was €21.5 million, leading to free cash flow of €18.6 million. The presentation attributes the improvement to a reduction in elevated trade receivables from strong end-of-year 2025 performance.\"}]","STRATEC - Q1 2026 Financial Results - May 11, 2026 | PDF",1791024827,33]