Radio
Now Playing
Quickyla Radio โ€” Click to play
Open โ†’
3 min left
Back to News

SGL Carbon Turns To Profit In Q2, EBITDA Pre Climbs; Confirms FY26 Outlook; Shares Up

(RTTNews) - SGL Carbon SE (SGLFF), a German maker of products from carbon, reported Thursday a profit in its second quarter, compared to prior year's loss, on lower charges, while EBITDA pre climbed โ€ฆ

SGL Carbon Turns To Profit In Q2, EBITDA Pre Climbs; Confirms FY26 Outlook; Shares Up
Nasdaq News โ€” 6 August 2026
Text:
4 0 0

(RTTNews) - SGL Carbon SE (SGLFF), a German maker of products from carbon, reported Thursday a profit in its second quarter, compared to prior year's loss, on lower charges, while EBITDA pre climbed from last year. Meanwhile, sales were lower. Further, the firm confirmed fiscal 2026 outlook.

On the XETRA in Germany, the shares were gaining around 6.62 percent, trading at 4.2650 euros.

Andreas Klein, CEO of SGL Carbon, stated, "Despite the continuing challenging market environment, SGL Carbon is on track to achieve its 2026 targets. In addition, with our 'SGL Growth 2030' strategy, we are consistently focusing the company on profitable and high-growth target markets such as semiconductors, power generation, defense, and aerospace."

For fiscal year 2026, the company continues to expect consolidated sales of between 720 million euros and 770 million euros, and adjusted EBITDA of between 110 million euros and 130 million euros.

The company said the ongoing armed conflict in the Middle East increases the risk of a further slowdown in global and regional economic growth. In particular, a prolonged disruption affecting the Strait of Hormuz - a key trade route - could impact the availability of raw materials and fossil fuels or cause further price increases.

The company said the year overall will be marked by increased uncertainty in many of its sales markets, which will affect customers' demand and investment decisions.

In the second quarter, consolidated net profit attributable to shareholders of the parent company was 5.9 million euros, compared to loss of 25.3 million euros a year ago. Earnings per share were 0.05 euro, compared to prior year's loss of 0.21 euro.

The latest quarter results included restructuring expenses and impairment losses of 2.5 million euros, compared to 30.4 million euros last year.

Read Full Story at Nasdaq News โ†’
Advertisement
React:
Sources
Sponsored

More to Read

Trump finalizes new tariffs on dozens of countries
๐Ÿ“ˆ Markets & Finance
Trump finalizes new tariffs on dozens of countries
Business Insider Mkt ยท 14 days ago
Little Movement Seen For Thai Stock Market
๐Ÿ“ˆ Markets & Finance
Little Movement Seen For Thai Stock Market
Nasdaq News ยท 13 days ago
Where Will Solana Be in 3 Years?
๐Ÿ“ˆ Markets & Finance
Where Will Solana Be in 3 Years?
Nasdaq News ยท 14 days ago
Why Tesla Stock Crashed Today
๐Ÿ“ˆ Markets & Finance
Why Tesla Stock Crashed Today
Nasdaq News ยท 13 days ago
Hereโ€™s the biggest news you missed this weekend
๐ŸŒ World News
Hereโ€™s the biggest news you missed this weekend
NBC News ยท 11 days ago
Singapore Stock Market Tipped To Open In The Red
โš”๏ธ War & Conflict
Singapore Stock Market Tipped To Open In The Red
Nasdaq News ยท 13 days ago
Full view