Frigoglass Q1 FY26 net loss narrows to EUR 6.75 million; revenue rises 29.5% to EUR 103.8 million

  • Frigoglass reported a net loss of €49.46 million for the three months ended March 31, 2026, reversing a €1.78 million profit a year earlier.
  • Revenue rose 29.5% to €103.8 million, while operating profit climbed to €10.51 million from €2.23 million a year earlier.
  • Adjusted EBITDA more than doubled to €13.47 million; the margin widened 6.9 percentage points to 13%.
  • Net finance costs increased to €12.13 million from €11.38 million, while non-recurring costs jumped to €3.62 million from €107,000.
  • The group completed the €98.1 million sale of its Nigerian Glass business on Feb. 5, 2026; it exited Russia on May 26, 2026.


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