Global Dominion Access (DOM) Q1 2026 earnings summary

Executive summary

• Q1 2026 delivered 5.3% organic sales growth at constant exchange rates, with revenue of €247.2 million, despite macroeconomic uncertainty and significant divestments.

• EBITDA margin was 13.4%, with net profit at €7 million, and recurring activities now account for over 80% of contribution margin.

• Strategic divestments in France, B2C retail, and telecom, along with acquisitions in circular economy and decarbonization, reshaped the business model toward resilience and predictability.

• Celebrated 10 years of stock exchange listing, highlighting consistent value creation through growth, dividends, and share buybacks.

Financial highlights

• Revenue: €247.2 million, up 3.4% year-over-year on a comparable basis; EBITDA: €33.0 million, up 2.5% organically, margin at 13.4%.

• Net attributable profit: €7.0 million, stable year-over-year.

• Contribution margin: €39.8 million; EBIT: €16.0 million; net profit margin: 3.2%.

• Financial expenses declined by nearly 27% year-over-year, reflecting lower debt and improved FX results.

• Profitability of sales at 13.4%, slightly down from Q1 2025 due to lower weight of high-margin project segment.

Outlook and guidance

• Exceeded Q1 2026 guidance for organic growth; recurring segments now over 80% of revenue, surpassing strategic targets.

• New strategic plan to focus on data centers, electrification, grid infrastructure, and energy/digital transitions.

• Continued focus on profitable, recurring, and growth-oriented activities, with capital allocation discipline.