INDUS Reports Robust Growth in Q3 2026

INDUS Holding AG experienced a significant 18.5% increase in revenue during the first nine months of 2026, reaching EUR 1.51 billion. Adjusted EBITA more than doubled to EUR 218.5 million, with a margin rise to 14.5%. All segments contributed to this growth, particularly due to extraordinary tungsten carbide price developments. The company's annual guidance remains confirmed.

Revenue growth was driven across all three segments. Infrastructure saw a 6.9% increase in revenue, while Engineering recorded a 10.4% rise. Materials Solutions experienced a 38.6% increase, largely due to tungsten carbide price hikes. However, these effects are expected to weaken in Q4 2026.

Incoming orders rose by 14.8%, indicating sustained demand. Despite high capital tied up, free cash flow improved to EUR 38.0 million. INDUS strengthened its portfolio with strategic acquisitions in 2026, aligning with its growth strategy.