Prodways Group (PWG) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 revenue reached €10.6 million, a 9% decrease year-over-year on a comparable basis.

• The decline is mainly due to the planned sale of the Software business, now classified as discontinued operations.

• Despite lower operating performance, cost control and financial discipline remain strong.

Financial highlights

• Consolidated revenue for Q1 2026 was €10.6 million, down from €11.7 million in Q1 2025.

• Systems division revenue fell 20% to €3.4 million, mainly due to lower material sales.

• Products division revenue was €7.2 million, a slight 3% decrease year-over-year.

Outlook and guidance

• Revenue for the full year is expected to remain stable or slightly higher, with an improved current EBITDA margin rate.

• The group continues to execute its strategy to divest Systems assets and turn around Products activities.