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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)

© 2026 A.S. Création Tapeten AG