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Mersen Raises 2026 Guidance Amidst Strong First Half Performance

Graphique de l'évolution du cours de l'action MERSEN (EPA:MRN).

Mersen, a global leader in electrical power and advanced materials, has adjusted its 2026 financial projections after experiencing significant growth in the first half of the year. With first-half sales reaching €611 million—an organic uptick of 3.9%—the company cites its strategic positioning in diverse markets such as data centers and transportation as key growth drivers.

The second-quarter results showed a 4.6% organic sales increase to €315 million, highlighting robust demand in North America and Asia-Pacific regions. The Electrical Power segment led with an 11.1% rise, driven by strong data center requirements. However, the Advanced Materials segment saw a slight decline due to previous contract renegotiations affecting comparison benchmarks.

With margins holding steady, Mersen has elevated its guidance, forecasting organic sales growth between 4% and 6% for 2026, with EBITDA margin expected to hit between 16.0% and 16.5%. The evolving market trends in silicon semiconductors and transportation continue to bolster the company's positive outlook.

R. H.

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