Interim Reports
On 12 May 2026, A.S. Création published its interim report as at 31 March 2026:
Against the backdrop of a market environment that remained challenging, A.S. Création Tapeten AG recorded a 7.1% decline in turnover to €29.4 million in the first quarter of 2026 (previous year: €31.6 million). Geopolitical uncertainties, a weak construction sector and subdued consumer sentiment had a particularly negative impact.
Despite the decline in revenue, A.S. Création achieved an operating profit of €1.4 million in the first quarter of 2026, in line with the previous year. This was largely due to the improvement in the gross profit margin to 55.5%. At the same time, efficiency measures and cost discipline had a positive impact, enabling both other operating expenses and staff costs to be reduced. Profit after tax stood at €0.7 million (previous year: €0.8 million). Currency effects had no material impact on the result.
Against the backdrop of the first-quarter results, the Management Board confirms its full-year forecast, even though the market environment remains challenging. For the 2026 financial year, revenue of between €95 million and €110 million and an adjusted operating profit in the range of €-1.5 million to €3.0 million are expected.
Key figures
01.01. -31.03.2022 | 01.01. -31.03.2023 | 01.01. -31.03.2024 | 01.01. -31.03.2025 | 01.01. -31.03.2026 | ||||
Sales Earnings before interest and taxes (EBIT) EBIT margin Earnings before taxes Return on sales before taxes Earnings per share | €'000 €'000 % €'000 % €/share | 39,740 449 1.1 329 0.8 0.04 | 36,599 418 1.1 258 0.7 0.08 | 33,112 54 0.2 -24 -0.1 -0.02 | 31,646 1,448 4.6 1,318 4.2 0.30 | 29,404 1,355 4.6 1,214 4.1 0.24 | ||
Capital expenditures Depreciation Cash flow from operating activities | €'000 €'000 €'000 | 569 1,453 -3,288 | 679 1,366 -1,563 | 408 1,223 -2,886 | 1,229 1,082 -727 | 1,887 1,109 981 | ||
Total assets Shareholders' equity Equity ratio | €'000 €'000 % | 128,787 81,607 63.4 | 116,329 76,210 65.5 | 115,959 72,500 62.5 | 107,325 68,018 63.4 | 103,733 68,216 65.8 | ||
Net financial debt (+)/Net investment position (-) Debt relief period | €'000 years | -7,932 n.a. | -3,461 n.a. | -3,065 n.a. | -1,716 n.a. | -3,092 n.a. | ||
Return On Capital Employed (ROCE) * Return On Equity (ROE) * | % % | 2.1 0.6 | 2.1 1.2 | 0.3 -0.3 | 7.8 4.9 | 7.3 3.9 | ||
Number of employees Sales per employee Personnel expenses as % of total output |
€'000 % | 766 52 23.7 | 715 51 25.1 | 677 49 26.8 | 649 49 26.7 | 607 48 27.7 |
* extrapolated to the full year (annualized)