Nabaltec AG (FRA:NTG)
€ 13.35 +0.15 (+1.14%) Market Cap: 118.36 Mil Enterprise Value: 122.22 Mil PE Ratio: 13.37 PB Ratio: 0.72 GF Score: 77/100

Q4 2025 Nabaltec AG Earnings Call Transcript

Apr 30, 2026 / 09:00AM GMT
Release Date Price: €10.7 (+0.47%)

Key Points

Positve
  • Nabaltec AG (XTER:NTG) reported a strong rebound in Q1 2026 with revenue of EUR 53.2 million, indicating a positive start compared to the last quarter of 2025.
  • The company expects revenue growth in the range of 4% to 6% for 2026, showing optimism despite economic challenges.
  • Nabaltec AG (XTER:NTG) maintains a strong cash position with cash and cash equivalents of EUR 72.3 million as of the end of 2025.
  • The specialty aluminas segment saw a slight revenue increase of 0.6% in Q4 2025 compared to the previous year, driven by higher sales in catalysts and hydrogen applications.
  • The company has a rigorous internal cost management program aimed at improving margins and managing energy costs effectively.
Negative
  • Revenue in Q4 2025 declined by 7.7% compared to the previous year, with a significant drop in sales volumes by 7.4%.
  • The EBIT margin decreased sharply to 2.8% in Q4 2025 from 12.2% in the previous year, primarily due to increased energy and maintenance costs.
  • Earnings per share fell to EUR 0.05 in Q4 2025, down from EUR 0.36 in the same quarter of 2024.
  • The functional fillers segment experienced a 10.5% revenue decline in Q4 2025, with unexpected order cancellations impacting performance.
  • The company faces high energy costs, particularly for gas, which continue to impact the EBIT margin negatively.
Johannes Heckmann
Nabaltec - Chief Executive Officer

Ratio in the year of 2025 or represented with our sales department and distribution partners all around the world.

We are operating the plant, as you can see, since a long time, starting in 2037.

Now coming to the more crucial. Figures, as most of we report in two product segments. Here you can see the overview, it's the functional fillers and especially aluminous with corresponding revenue and EBIT margin. The growth drivers of the novel tech is primarily functional fillers, as you can see by the ratio of the revenue.

With product areas of ground hydroxides, fine precipitants, hydroxides, which are applicable for the cable and wire industry, as well as visco-optimized hydroxides and permanent wire batteries for immobility. In the specialty aluminous, smaller segment product, production segment.

We have a product range of oxides, reactive aluminas and ceramic bodies majorly developed for they further developed with the development will initially be sideways due to the weak demand as you can see from the refractor

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