WashTec AG reported record first-half 2026 revenue of $248 million, a 6.6% increase year-over-year, driven by strong equipment sales and a robust North American performance. Second-quarter revenue also set a new quarterly record at $137 million, up 10.4%, while half-year EBIT was essentially flat at $17.7 million, with the EBIT margin dipping to 7.1% from 7.6% a year earlier. North America revenue surged 18.1% to $37 million in the half, and the segment swung to a $0.8 million profit from a $1.5 million loss, aided by a 700-basis-point margin improvement. The company's SmartCare Connect rollout gained traction, accounting for 54% of rollover revenues in the second quarter, and the order backlog stood 13% above the end of 2025. Free cash flow for the half fell by $6 million to $40 million due to higher trade receivables, while the equity ratio declined to 20%.
WashTec AGRecord revenue driven by strong equipment sales and North American growth.
Givaudan SA