Corticeira Amorim Q1 net income drops 6.5% to EUR 15.4 million
- Corticeira Amorim posted 1Q26 net income attributable to shareholders of EUR 15.4 million, down 6.5% year over year; EPS fell to EUR 0.115.
- Sales dropped 8.0% to EUR 211 million, reflecting volume pressure across all business units.
- EBITDA declined 6.9% to EUR 36.6 million, while the margin widened 0.2 percentage points to 17.3%.
- Net interest-bearing debt fell to EUR 42.5 million at end-March from end-December, on cash flow generation and lower working-capital needs.
- The board launched a EUR 25 million share buyback program for up to 3,000,000 shares, starting May 11, alongside a EUR 0.35 dividend.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corticeira Amorim SGPS SA published the original content used to generate this news brief on May 29, 2026, and is solely responsible for the information contained therein.
