Germany · Delayed Price · Currency is EUR Steyr Motors AG Earnings Call Transcripts
Fiscal Year 2026
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H1 2026 saw flat sales but a sharp drop in profitability due to defense project delays and a less favorable sales mix. The order backlog is robust at EUR 310 million, with major projects and new products expected to drive growth from 2027. Liquidity is tight but expected to improve in H2.
Fiscal Year 2025
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2025 saw double-digit revenue growth, major product innovation, and strategic expansion, with a robust order backlog and strong guidance for 2026 and 2027. Key growth drivers include USV and mobile power units, while risks remain around project timing and governmental decisions.
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Revenue grew 17.1% to EUR 23.1 million in H1 2025, with EBIT margin at 14.8%. Order backlog exceeded EUR 300 million, and full-year guidance targets at least 40% revenue growth and EBIT margin above 20%. High-margin engineering revenue and major defense contracts are expected to drive H2 performance.
Fiscal Year 2024
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Revenue grew over 9% to EUR 41.7 million in 2024, with adjusted EBIT at EUR 10.1 million and a proposed EUR 0.55 dividend per share. Order backlog and new contracts support at least 40% revenue growth in 2025, with strong expansion in defense and global markets.