EQS-News
Blue Cap AG with a strong start into fiscal year 2026
- Adjusted EBITDA margin rises to 5.4 percent
- Revenue stable at EUR 31.0 million for the group
- Janoschka acquisition increases group guidance
|
EQS-News: Blue Cap AG / Key word(s): Quarterly / Interim Statement Blue Cap AG with a strong start into fiscal year 2026 |
- Adjusted EBITDA margin increases to 5.4% (PY: 4.8%)
- Revenue at EUR 31.0 million roughly at prior-year level (PY: EUR 32.4 million)
- Portfolio strategically expanded with Janoschka AG
- Guidance adjusted due to transaction
Munich, 19 May 2026 – Blue Cap AG (“Blue Cap”) has made a solid start to fiscal year 2026 and continued its profitable course in the first quarter of 2026. With stable revenue of EUR 31.0 million (PY: EUR 32.4 million), adjusted EBITDA(1) increased to EUR 1.7 million (PY: EUR 1.6 million). The adjusted EBITDA margin improved accordingly to 5.4% (PY: 4.8%).
The net debt ratio (including lease liabilities) amounted to 0.0 years (31 December 2025: 0.0 years), thus remaining well within the target corridor of below 3.5 years.
Portfolio: Industrials robust, Business Services still under pressure
As of 31 March 2026, Blue Cap’s portfolio comprised four majority shareholdings in the Industrials and Business Services segments, as well as one minority shareholding.
The Industrials segment developed overall in line with expectations in the first quarter. Short-term development remains only partially predictable due to uncertainties in supply chains resulting from geopolitical developments; the focus continues to be on stabilizing margins and acquiring new projects.
In the Business Services segment, the market environment remained challenging. Hy-Line achieved revenue and earnings in line with plan, but significantly below the previous year. Transline recorded a further decline in revenue but was able to meet its margin target.
The minority shareholding Inheco continued to develop positively and built on the progress made in the previous year.
Segment key figures before consolidation (continued operations) at a glance

