Vicat confirms 2026 outlook for moderate sales, EBITDA growth at constant scope and FX

  • Vicat confirmed 2026 targets, calling for moderate sales growth at constant scope and exchange rates, moderate EBITDA growth on same basis, net industrial cash capex around EUR 290 million.
  • Outlook assumes no escalation or prolonged expansion of Middle East conflict, given potential impact on energy costs and macroeconomic conditions.
  • Guidance reiterated after Q1 sales rose 8.5% at constant scope and exchange rates to EUR 922 million, up 4.1% reported, including a EUR 52 million negative FX impact and a EUR 13 million positive scope effect.
  • Medium-term priorities maintained, including leverage at or below 1.0x by end-2027, EBITDA margin at least 20% over 2025-2027.


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