• Interpump’s CEO Fabio Marasi led the first-quarter 2026 results call, confirming organic sales guidance of -2% to +3% with a full-year EBITDA margin target of 22%-22.5% despite a weaker Water-Jetting mix.
• First-quarter organic sales rose 2.2% while EBITDA margin slipped 60 bps to 21.9%, with Hydraulics demand accelerating and Water-Jetting down on a tough comparison tied to Hammelmann’s prior-year China mega order.
• Free cash flow increased 10% to EUR 32 million as capex fell 45% to EUR 19 million, offsetting higher working-capital absorption from stronger sales.
• Management cited Water-Jetting book-to-bill around 1.1 in the first 3-4 months, pointing to solid project activity despite a difficult June comparison; Hydraulics capacity utilization was described at about 95%.
• Section 232 tariffs had a EUR 6 million first-quarter impact that was passed through to customers; pricing actions were expected to add roughly 1%-2% to the full-year top line, while the group signaled scope to step up buybacks after purchasing 1,300,000 shares for EUR 45 million-EUR 47 million.

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. Interpump Group S.p.A. published the original content used to generate this news brief on May 15, 2026, and is solely responsible for the information contained therein.