Interroll Holding AG H1 2026 Results

Interroll Holding AG reported first‑half 2026 results that met consensus on orders, sales and EBIT, while net income fell short of expectations by about 7 percent. Orders for the period were CHF 295.2 million, a 3.9 percent increase on a reported basis and an 8.5 percent rise in local‑currency terms, reflecting stronger customer demand and higher project activity; the reported figure was partially offset by the appreciation of the Swiss franc. Sales reached CHF 269.9 million, up 9 percent on a reported basis and 14.1 percent in local currency, surpassing the consensus estimate of CHF 258.5 million; growth was driven by performance in EMEA and a broad‑based recovery in Asia‑Pacific, with the company noting a regain of market share in China. EBIT came in at CHF 27 million, slightly below the CHF 27.6 million recorded in the first half of 2025 and marginally above the consensus of CHF 27.1 million, the decline being attributed to higher investments in research and development, innovation, regional and key‑account sales strengthening, as well as acquisition‑related costs and amortisation from purchase‑price allocation. Net profit declined 7 percent to CHF 19.8 million from CHF 21.2 million a year earlier, missing the consensus forecast of CHF 21.5 million.

Operating cash flow amounted to CHF 39.4 million, 7 percent above expectations, whereas free cash flow was negative CHF 19.4 million, a result of the acquisition of Royal Apollo Group. The company did not provide full‑year 2026 guidance. It highlighted that a new sales organisation in the Americas is expected to strengthen commercial momentum in the second half of the year, and a dedicated research and development hub in China is contributing to local results.