-+ 0.00%
-+ 0.00%
-+ 0.00%

Ernst Russ Raises 2026 EBIT Forecast to EUR 63-70 Million

PUBT·11/09/2026 13:47:15
Ernst Russ Raises 2026 EBIT Forecast to EUR 63-70 Million
  • Ernst Russ raised its 2026 revenue forecast to EUR 159-164 million from EUR 150-160 million.
  • Operating profit (EBIT) is now expected at EUR 63-70 million, up from EUR 55-65 million.
  • A stronger US dollar primarily drove the upgrade, benefiting euro-reported revenue and earnings because most revenue is generated in dollars.
  • The assumed average exchange rate for the remainder of the year is now 1.12 USD/EUR, versus 1.18 USD/EUR previously.
  • Guidance also reflects existing charter agreements, positive business performance, approximately 97% fleet utilization and an otherwise unchanged economic environment.


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. Ernst Russ AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2430956_en) on November 09, 2026, and is solely responsible for the information contained therein.