Ernst Russ AG Revises 2026 Financial Forecast Upwards

On November 9, 2026, Ernst Russ AG announced an upward revision to its financial forecast for the year. The company now predicts revenues between EUR 159 and 164 million, an increase from the previous range of EUR 150 to 160 million. The operating result (EBIT) is also updated to a range of EUR 63 to 70 million from the earlier EUR 55 to 65 million estimate.

This revision is driven by the favorable exchange rate of the US dollar against the euro, positively impacting revenue reported in euros. Ernst Russ AG projects an average exchange rate of 1.12 USD/EUR for the rest of the year, down from a prior assumption of 1.18 USD/EUR. The revised forecast is supported by charter agreements, robust business performance, and a high fleet utilization rate.