Titan Q1 FY26 net profit jumps 46.5% to €64.1 million

  • Titan posted Q1 2026 net profit after tax of EUR 64.1 million, up 46.5%, while EBITDA climbed 12.4% to EUR 137.8 million as margin exceeded 21%, up 250 bps.
  • Sales edged down 0.4% to EUR 636.1 million.
  • Net debt rose to EUR 676 million, pushing leverage to 1.1x EBITDA, following completion of acquisitions and a EUR 350 million bond issued in February.
  • Group completed cement and grinding plant acquisitions in Türkiye and France during the quarter, while a cement plant acquisition in Pennsylvania closed in Q2.
  • Company kept a cautious 2026 stance, flagging stable volumes and margin expansion, with 2026 CapEx seen at around EUR 300 million to EUR 350 million.


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