Ringmetall SE reported a 9% year-over-year increase in first-half 2026 EBITDA to EUR 13.3 million, as revenue rose more than 4% to above EUR 100 million. The company’s liner segment led growth with a 15.3% revenue increase and a 22.5% rise in EBITDA, while its closure systems segment saw a 4% decline in revenue and a 3.3% drop in output.
Gross profit for the period climbed 5.7% to EUR 55 million, lifting the EBITDA margin to 13.1%. The liner segment’s performance offset weaker closure systems results, which maintained a high EBITDA margin of 17.2%, down only 1.4 percentage points from the prior year. Acquisitions contributed EUR 3.6 million in revenue during H1, including Makplast and New England Plastics, while interest income rose by more than EUR 350,000 due to cash held from the Makplast deal.
Christoph Petri, CEO of Ringmetall, described the company as a hybrid between a focused industrial packaging provider and an active acquirer, citing an average revenue growth rate of nearly 11% and EBITDA growth of over 15% through its buy-and-build strategy. Despite geopolitical headwinds, he noted that Ringmetall met its budget and guidance targets. Petri also highlighted structural shifts in the chemical industry, stating that production volumes moving to Asia are unlikely to return.
Full-year 2026 guidance remains unchanged, with revenue expected between EUR 195 million and EUR 210 million and EBITDA projected between EUR 23 million and EUR 28 million. The closure systems segment is not expected to see organic growth in the second half, with volumes remaining flat. The company also outlined operational updates, including the relocation of FIB Beer Systems’ production from the Netherlands to Ahaus, Germany, scheduled for completion in Q3 or early Q4, and the anticipated closing of an acquisition in South Africa.
Shares rose 2.13% in live trading to EUR 2.88, extending a 4.44% pre-market gain from EUR 2.70. The stock has traded between EUR 2.60 and EUR 3.20 over the past 52 weeks, currently sitting about 8.8% above its low and 10% below its high.
