Swiss building materials group Arbonia reported a 3.6% increase in net revenue to CHF 318.2 million in the first half of 2026, driven by organic growth of 2.3%. The company highlighted strengthened market positions across several European markets, with order intake and backlogs at all major facilities significantly exceeding year-ago levels.
Profitability declined sharply, however, as SAP implementation issues at subsidiary Garant weighed on performance. Adjusted EBITDA fell 8.9% to CHF 23.8 million, with the corresponding margin contracting to 7.5% from 8.5% in the prior-year period. The transformation process added a one-time burden of approximately CHF 8.4 million to EBITDA.
Net loss from continuing operations widened to CHF 7.8 million, compared with a loss of CHF 2.4 million in the same period last year. While Arbonia surpassed analyst revenue expectations, EBITDA and margin targets were missed.
For the full year 2026, the company now expects EBITDA excluding one-off effects to remain broadly flat at CHF 57.3 million, revising down its previous growth guidance of 15-20%. All other 2026 targets and mid-term 2029 goals remain unchanged. Under stable currency conditions and normal material cost trends, Arbonia forecasts 2026 revenue growth of 3-5% compared with the CHF 622 million achieved in 2025 excluding Skyfens.
The mid-term outlook targets organic revenue of CHF 820-850 million and an EBITDA margin of 14-15% by 2029.
