Formycon Cuts 2026 Adjusted EBITDA Outlook to EUR -15 Million to EUR -5 Million

Bitget2026/11/05 13:50

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Formycon cut 2026 adjusted EBITDA guidance to EUR -15 million to EUR -5 million from EUR 5 million to EUR 15 million.
Revenue guidance remains EUR 60-70 million; EBITDA remains EUR 0-10 million, both expected at the lower end.
Year-end working capital guidance is unchanged at EUR 20-30 million.
The downgrade reflects a lower Bioeq result as increased competition and pricing pressure reduce revenue expectations for FYB201 and FYB202.
Noncash impairments reduce net income by EUR 82 million for FYB202 and EUR 39 million for FYB201, without affecting EBITDA.

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. Formycon AG published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2429344_en) on November 05, 2026, and is solely responsible for the information contained therein.

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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Formycon Cuts 2026 Adjusted EBITDA Outlook to EUR -15 Million to EUR -5 Million

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