Accelleron Industries AG

Latest Results (16.05.2026):

Accelleron Industries AG — full-year 2025 results: Accelleron reported strong 2025 financial performance with revenues of USD 1,263.1 million (+23.5% year‑on‑year; +21.6% in constant currency, +20.9% organic), operational EBITA of USD 321.0 million (margin 25.4%), net income of USD 243.7 million (+35.8%), and free cash flow of USD 214.3 million (conversion 87.9%). The company says growth outpaced mid‑year upgrades, driven by continued marine strength and accelerating energy market demand.

Headline financials

Revenue USD 1,263.1m (+23.5% y/y); operational EBITA USD 321.0m (+22.6%) with a 25.4% margin (slightly below 2024’s 25.6%); net income USD 243.7m (+35.8%); free cash flow USD 214.3m (conversion 87.9%); net leverage at 0.5x.

Medium & Low Speed segment

Revenues USD 929.6m (+20.2%; +17.2% organic). Operational EBITA USD 239.4m (+20.2%) with margin up 0.1 ppt to 25.8%. Marine new‑builds, >1,000 low‑speed turbochargers delivered, retrofit/upgrade demand and gas prime‑power supported growth.

High Speed segment

Revenues USD 333.5m (+33.9%; +31.0% organic). Delivered 15,800 high‑speed turbochargers, including a record 8,000 TPX44 units. Operational EBITA USD 81.6m (+29.9%); margin eased to 24.5% (from 25.2%) due to rapid new‑business expansion and tariff costs.

Capital allocation

Board to propose dividend of CHF 1.50/share (+20%) and launch a CHF 100m share buyback (planned Q2 2026–Q2 2028) with intent to cancel repurchased shares — first buyback in company history per the release.

Outlook for 2026

Guidance: organic revenue growth 9–14% and operational EBITA margin 25–26% for 2026. Management expects continued energy‑sector momentum (data centers, decentralized power) while marine growth moderates; warns of geopolitical and other downside risks.

Corporate items

Board change proposed: Reto Suter nominated for the Board and as Audit Committee Chair. Annual General Meeting scheduled for April 28, 2026.