SBF Adjusts 2026 Earnings Forecast Due to Customer Insolvency

SBF AG, a specialist in rail vehicle solutions, lighting, and technology, has adjusted its 2026 earnings forecast. This follows the provisional insolvency administration of one of its customers. The company faces outstanding receivables of approximately EUR 1.0 million. SBF anticipates a significant portion of this amount will be uncollectible. Any potential recoveries were not included in the new forecast.

The expected bad debt will reduce SBF's EBITDA for 2026 by EUR 0.8 million to EUR 1.0 million. Consequently, the company revised its EBITDA forecast range to EUR 0.9 million to EUR 1.5 million, down from the previous estimate of EUR 1.8 million to EUR 2.4 million.