Financial key performance indicators

The Metal Forming Division’s financial performance in the 2025/26 business year was characterized by a moderate decline in revenue coupled with an improvement in earnings.

The division’s revenue decreased by 3.0% from EUR 3,125.1 million in the 2024/25 business year to EUR 3,030.1 million in the 2025/26 business year. This development was primarily driven by subdued demand in the Tubes & Sections business unit and continued challenging market conditions in the Automotive Components business unit. In contrast, the two smaller business units, Precision Strip and Warehouse & Rack Solutions, increased their revenue year-over-year. While revenue declined, the results of the Metal Forming Division improved. It should be noted in this context that the prior-year figures included negative one-off effects on EBITDA amounting to EUR 45 million and on EBIT amounting to EUR 87 million. Based on the reported figures, EBITDA for the 2025/26 business year was EUR 218.1 million (margin 7.2%), up 28.8% from the previous year’s level (EUR 169.3 million, margin 5.4%). Due to the significant impact of the reorganization measures initiated in the previous year, the Automotive Components business unit posted a significant year-over-year increase in operating profit. The Precision Strip and Warehouse & Rack Solutions business units also recorded growth in EBITDA. Tubes & Sections fell slightly short of the previous year’s result in the current reporting period. Overall, the Metal Forming Division also saw a significant increase in EBIT to EUR 73.5 million (margin 2.4%), after reporting a negative figure of EUR −15.3 million (margin −0.5%) in the previous business year.

In a direct comparison of the third quarter with the fourth quarter of 2025/26, the Metal Forming Division posted positive results in terms of both revenue and earnings. The division’s revenue rose by 11.8% to EUR 805.2 million, up from EUR 720.1 million in the immediately preceding quarter. All four business units made a positive contribution to this result, with Tubes & Sections in particular recording the strongest growth. The expansion in business volume was also reflected in a significant improvement in earnings. EBITDA rose by 76.9% from EUR 44.6 million (margin 6.2%) to EUR 78.9 million (margin 9.8%). EBIT improved over the same period from EUR 7.6 million (margin 1.1%) to EUR 41.0 million (margin 5.1%). The strongest earnings growth was achieved in the Tubes & Sections and Automotive Components business units. The Precision Strip and Warehouse & Rack Solutions business units also recorded significant increases in EBITDA and EBIT.

As of March 31, 2026, the Metal Forming Division employed 10,698 full-time equivalents (FTEs), representing a decrease of 1.8% compared to the previous year’s figure of 10,899. The decrease is primarily attributable to the reorganization in the Automotive Components business unit.