POLYTEC HOLDING AG: Successful start into 2026 financial year

Hörsching (pta006/13.05.2026/07:33 UTC+2)

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Key figures Q1 2026 (vs. Q1 2025)

* Group sales revenues amounted to EUR 143.7 million (Q1 2025: EUR 181.4 million)

* EBITDA amounted to EUR 11.5 million (Q1 2025: EUR 10.8 million)

* EBITDA margin 8.0% (Q1 2025: 6.0%)

* EBIT totalled EUR 4.3 million (Q1 2025: EUR 3.2 million)

* EBIT margin 3.0% (Q1 2025: 1.8%)

* Earnings after tax EUR 2.5 million (Q1 2025: EUR 1.0 million)

* Earnings per share EUR 0.11 (Q1 2025: EUR 0.04)

* Equity ratio at 48.6% (31.12.2025: 46.2%)

* Net debt reduced to EUR 29.9 million (31.03.2025: EUR 74.0 million)

* Employees (incl. leasing personnel, FTE) as at 31.03.2026: 3,076 (31.03.2025: 3,709)

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The POLYTEC GROUP's consolidated sales revenues in the first three months of 2026 amounted to EUR 143.7 million. Compared to the first quarter of 2025, Group sales revenues decreased significantly by 20.8% or EUR 37.7 million (Q1 2025: EUR 181.4 million). The Group's considerably lower total sales compared to the same quarter of the previous year are due to the divestment of the operational business in the United Kingdom as of 31 December 2025 and lower sales revenues in the Smart Plastic & Industrial Applications market area.

In the first quarter of 2026, the POLYTEC GROUP's material expenses totalled EUR 70.4 million, which decreased by 28.7% or EUR 28.4 million compared to the same period of the previous year. The Group's personnel expenses decreased by 11.6% or EUR 6.8 million to EUR 51.8 million compared to the same quarter of the previous year.

In the first three months of 2026, EBITDA of the POLYTEC GROUP increased by 5.8% from EUR 10.8 million to EUR 11.5 million compared to the same period of the previous year. The EBITDA margin increased by 2 percentage points to 8.0% compared to the same quarter of the previous year.

Earnings before interest and taxes (EBIT) amounted to EUR 4.3 million in the first quarter of the 2026 financial year (Q1 2025: EUR 3.2 million). The EBIT margin rose by 1.2 percentage points from 1.8% to 3.0% compared to the first quarter of the previous year. Earnings were negatively impacted on the one hand by lower sales revenues in the Smart Plastic & Industrial Applications market area, and on the other hand by positive effects from the sale of the UK tooling and project business and the sale of the plant in Schoten, Belgium, at the end of January 2026.

The financial result for the first three months of 2026 amounted to minus EUR 1.3 million (Q1 2025: minus EUR 2.1 million). The POLYTEC GROUP's earnings after tax in the first quarter of 2026 improved from EUR 1.0 million to EUR 2.5 million compared to the same quarter of the previous year. This corresponds to earnings per share of EUR 0.11 (Q1 2025: EUR 0.04).

The equity ratio was 48.6% as of 31 March 2026, 2.4 percentage points higher than at the end of 2025.

Net debt amounted to EUR 29.9 million as of 31 March 2026, a decrease of 59.6% compared to 31 March 2025 (EUR 74.0 million).

As of 31 March 2026, the POLYTEC GROUP had cash and cash equivalents of EUR 44.0 million (31.03.2025: EUR 34.1 million).

As of 31 March 2026, the POLYTEC GROUP had 3,076 employees (including leasing personnel in full-time equivalents - FTE). Compared to the previous year's reporting date (3,709 FTE), the number of employees decreased by a total of 633 FTE, or 17.1%. The significant reduction is mainly due to the divestment of the operating business in the United Kingdom in December 2025, where 363 FTEs were transferred, compared to the previous year's reporting date.

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Additional information

The Board of Directors and Supervisory Board of POLYTEC Holding AG will propose to the 26th Annual General Meeting (to be held on 2 June 2026 at the company's headquarters in 4063 Hörsching, Austria) that a dividend of EUR 0.20 per eligible share be paid for the 2025 financial year.

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Outlook 2026 financial year: Stable earnings situation despite lower sales revenues (unchanged)

From today's perspective, the management of POLYTEC Holding AG expects planned consolidated sales revenues in the range of EUR 560 million to EUR 590 million for the 2026 financial year. The POLYTEC GROUP's lower total sales compared to the previous year are due to the divestment of the operational business in the United Kingdom as of 31.12.2025 and the closure of the Weierbach plant on 30.04.2026.

With regard to margin development, the company expects a stable or slightly improved earnings situation despite the lower total sales and is aiming for an EBIT margin of around 3% for the 2026 financial year.

In line with the dividend policy and the respective achievement of a corresponding profit after tax, the company intends to pay an annual dividend again in the future.

In order to further optimise the future economic performance of the POLYTEC GROUP, the production and service portfolio has been critically analysed in recent years and the strategic orientation has been adapted. Capacities have been adjusted, plants have been closed or sold, the organisation has been streamlined and the number of employees has been significantly reduced. In the non-automotive sector, the POLYTEC GROUP can refer to many years of experience in logistics systems and still sees considerable market potential here. The global trend towards sustainable transport solutions is opening up new growth areas in the field of recyclable reusable concepts, which the Group is already working on vigorously. In the medium term, the company aims to generate around 30% of Group sales outside the automotive sector with innovative plastics applications.

In terms of sales revenues in the automotive sector, the POLYTEC GROUP expects only low organic growth for 2026 against the backdrop of geopolitical risks, production overcapacities in the European automotive market and intensified cut-throat competition.

These corporate goals are supported by a solid balance sheet with an equity ratio of over 40%, low net debt and a high level of confidence from financing partners.

The management of POLYTEC Holding AG is confident about the future but points out that achieving this outlook is subject to various uncertainties.

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The interim report of POLYTEC Holding AG as at 31 March 2026 closing date is available for downloading on the Investor Relations, publications section of the Group's website.

https://www.polytec-group.com/en/investor-relations/publications

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Emitter:	POLYTEC HOLDING AG Polytec-Straße 1 4063 Hörsching Austria
Contact Person:	Paul Rettenbacher
Phone:	+43 7221 701 292
E-Mail:	paul.rettenbacher@polytec-group.com
Website:	www.polytec-group.com
ISIN(s):	AT0000A00XX9 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)