KAP Cuts 2026 Normalised EBITDA Forecast to EUR 14.5 Million–17.5 Million
Bitget2026/10/27 16:15- KAP today cut 2026 revenue guidance to EUR 220 million–EUR 240 million from EUR 230 million–EUR 250 million.
- Normalized EBITDA is now expected at EUR 14.5 million–EUR 17.5 million, down from EUR 19 million–EUR 23 million.
- The earnings downgrade primarily reflects negative currency effects from the Israeli shekel’s and Hungarian forint’s significant appreciation against the euro.
- A major electric-vehicle customer withdrew expected remaining-year orders at the Heiche US site in Jasper, lowering revenue expectations.
- The withdrawal is causing significant capacity underutilization, weighing on earnings in the surface technologies segment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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