ElringKlinger AG (0MG5, ISIN DE0007856023), the Germany-based global automotive supplier founded in 1879 and headquartered in Dettingen/Erms, reported a significant improvement across all key financial metrics for the third quarter and first nine months of 2026. Group revenue climbed 14.0% to EUR 450.9 million in Q3 2026, driven primarily by accelerating production ramp-ups in its E-Mobility business area. The group has also raised its full-year 2026 revenue guidance to approximately EUR 1.8 billion, reflecting strong trading momentum through the third quarter.

Key Points

  • ElringKlinger AG (0MG5), ISIN DE0007856023, listed on the Frankfurt Stock Exchange Prime Standard
  • Q3 2026 Group revenue rose 14.0% to EUR 450.9 million; nine-month revenue reached EUR 1,359.8 million, up 10.8% year on year
  • E-Mobility revenue within Original Equipment more than doubled to EUR 188.6 million in the first nine months of 2026; full-year revenue guidance raised to approximately EUR 1.8 billion
  • Investors may be watching progress on the SHAPE30 divestment programme and whether profitability improvements are sustained into the fourth quarter

E-Mobility Business Area Drives Revenue Doubling to EUR 188.6 Million in First Nine Months of 2026

The standout contributor to ElringKlinger's revenue growth was its E-Mobility business area within the Original Equipment segment, where revenue more than doubled year on year to EUR 188.6 million for the first nine months of 2026, compared with EUR 93.1 million in the same period of 2025. In Q3 2026 alone, E-Mobility revenue reached EUR 65.1 million, up from EUR 26.3 million a year earlier. The Aftermarket segment contributed EUR 314.0 million for the nine-month period, while Engineered Plastics generated EUR 115.5 million, with all three segments recording year-on-year growth. Rest of Europe delivered the strongest regional contribution, with revenue rising 17.6% to EUR 503.0 million in the first nine months of 2026.

ElringKlinger's Adjusted EBIT Margin Rises to 6.5% in Q3 and Earnings Per Share Recover Sharply

Profitability improved materially across the reporting periods. Adjusted EBIT reached EUR 29.2 million in Q3 2026, compared with EUR 21.2 million a year earlier, lifting the adjusted EBIT margin to 6.5% from 5.4%. For the nine months, adjusted EBIT rose to EUR 87.2 million, delivering a margin of 6.4%. Adjusted earnings per share recovered to EUR 0.23 in Q3 2026, against EUR 0.10 in Q3 2025, and to EUR 0.64 for the nine-month period versus EUR 0.28 previously. The equity ratio strengthened to 36.0% and the adjusted net debt-to-EBITDA ratio improved to 1.7 from 2.2, as the announcement states one-time charges of EUR 10.6 million were excluded from adjusted figures.

SHAPE30 Strategy Leads to Divestment of Fort Wayne and Kecskemét Shielding Operations to Lydech

As part of its SHAPE30 transformation programme, ElringKlinger entered into an agreement with Lydech — a portfolio company of Regent, headquartered in Novi, Michigan, USA — to sell its Fort Wayne, Indiana subsidiary and its shielding technology business in Kecskemét, Hungary. The closing is expected by year-end, subject to regulatory clearance and customary conditions. Both parties agreed not to disclose further contractual details. The transaction reflects ElringKlinger's stated intent to sharpen its portfolio around strategic growth areas, with shielding technology described in the announcement as core to Lydech's existing business rather than to ElringKlinger's forward priorities.

Full-Year 2026 Revenue Guidance Raised to Approximately EUR 1.8 Billion; Medium-Term Targets Reaffirmed

In mid-October 2026, ElringKlinger raised its full-year revenue forecast to approximately EUR 1.8 billion, reflecting the strong trading performance recorded particularly in the third quarter. Guidance for the adjusted EBIT margin, operating free cash flow, the adjusted net debt-to-EBITDA ratio, and adjusted ROCE was left unchanged, the announcement states. The group's medium-term objectives were also reaffirmed. Investors may be watching whether the SHAPE2EMPOWER organisational programme — which entered its second phase of implementation during the quarter — delivers the efficiency and decision-making improvements the company is targeting alongside continued E-Mobility production ramp-ups.