SANHA GmbH & Co. KG reports continued positive business performance in the first quarter of 2026

• Revenues rise by 10.5% to EUR 35.2 million
• Gross profit margin slightly below previous year
• EBITDA at just under EUR 6.0 million, up from the previous year; EBITDA margin at 17.0%
• Moderate growth expected for the full year 2026

Essen, 30 April 2026 – SANHA GmbH & Co. KG, one of the leading manufacturers of piping systems, reported significantly higher revenues and a slightly improved operating result in the first quarter of 2026 compared to the previous year, despite a market environment that remains challenging.

Revenues rose to EUR 35.2 million (previous year: EUR 31.8 million), primarily driven by strong industrial business and positive developments in the markets of Eastern Europe, Belgium, France, and the U.S. Gross profit, at EUR 21.5 million, was above the prior-year level (EUR 20.2 million); however, the gross profit margin declined to 59.8% from 61.2% in the prior-year period due to sharply rising raw material prices, particularly in the copper segment.

EBITDA, the Group’s key performance indicator, amounted to approximately EUR 6.0 million (previous year: EUR 5.6 million), corresponding to an EBITDA margin of 17.0%. Operating profit (EBIT) was EUR 4.3 million, compared with EUR 4.1 million in the previous year. The EBIT margin decreased compared to the same quarter of the previous year to 12.2% (13.0%). Key reasons for the continued strong profitability include the consistent internationalization and diversification strategy as well as ongoing strict cost discipline.

The market environment remains characterized by uncertainty. The war in the Middle East is weighing on the overall economy and increasing investor uncertainty, leading to the postponement of projects. Initial supply chain disruptions from the Far East are already a reality in the market; however, this also presents opportunities for SANHA’s purely European manufacturing operations. Building permits in Germany are increasing slightly, but the effects of the investment package are not yet noticeable.

Overall, the SANHA Group’s order pipeline is currently well-filled, so the forecast for the full year 2026 is maintained. Accordingly, management expects only a slight increase in revenues, a slightly positive EBITDA trend, and earnings before interest and taxes (EBIT) that remain constant due to increased depreciation and amortization.

About SANHA

SANHA GmbH & Co. KG is a leading manufacturer of piping systems. The products of this 100% family-owned industrial company are used in many sectors, including building services, refrigeration technology, fire protection, and numerous industrial applications such as technical gases. SANHA holds approximately 250 product certifications for its various applications. The Essen-based company has around 700 employees and operates in over 60 countries worldwide. Approximately 10,000 products, primarily piping systems made of copper, copper alloys, stainless steel, carbon steel, and plastic, are manufactured at four plants in Germany and other European countries.

Investor Relations / Press:

Jonas Schneider, Fabian Kirchmann
IR.on AG
Phone: 0221-914097-0
Email: SANHA@ir-on.com