Ernst Russ AG Adjusts 2026 Financial Forecast and Expands Tanker Fleet

Ernst Russ AG has updated its financial forecast for 2026, raising its EBIT guidance to EUR 55–65 million from the previous EUR 45–55 million. Revenue expectations have been narrowed to EUR 150–160 million. The revision comes after the sale of the container vessel MV "EF Emma," which aligns with its strategic development goals. The ship, a 1,710 TEU container vessel, is set for transfer in the fourth quarter of 2026.

The company has also expanded its tanker fleet by acquiring two additional newbuildings, increasing its fleet to six vessels. These new additions will be delivered within 2026 and come with a three-year charter agreement with Cargill, adding approximately USD 38.3 million to the charter backlog.

This fleet expansion supports Ernst Russ AG's core strategy to diversify its fleet and secure long-term cash flows. The company aims to continue its growth in the tanker market, which it views as strategically advantageous for long-term value creation.