Swiss industrial turbomachinery group Accelleron Industries AG on Wednesday raised its 2026 organic revenue growth outlook to 14-17%, up from a prior range of 9-14%, after first-half revenue climbed 21.3% to $737 million.
The company reported operational EBITA of $190 million in the six months to June, translating to a 25.7% margin, while operating cash flow increased 12.4% to $119 million. Free cash flow rose 9.3% to $88 million.
Accelleron’s high-speed segment revenue surged 40% to $209 million, with data center applications now accounting for 9% of total revenue compared with 5% a year earlier. The medium and low-speed segment, which generated $529 million in revenue, grew 15.2% year-over-year.
Full-year guidance for operational EBITA margin was maintained at 25-26%. The revenue upgrade reflects sustained demand for gas-fired power solutions in U.S. data centers, alongside steady growth in merchant marine new builds, retrofits for fuel efficiency, and expanding service agreements. Merchant marine and cruise sector utilization also remained robust.
