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Interim Reports

On August 6, 2026, A.S. Création published its interim report for the period ending June 30, 2026:

 

Against the backdrop of a market environment that remained challenging, A.S. Création Tapeten AG reported a 3.4% decline in revenue, or €1.9 million, to €54.2 million in the first half of 2026 (previous year: €56.1 million). Business performance was negatively impacted in particular by geopolitical uncertainties, the persistently weak construction sector, and subdued consumer sentiment.

 

The gross profit margin improved by 1.1 percentage points to 54.8%. Personnel expenses increased to €16.7 million due to severance payments and leave of absence totaling €0.6 million. Adjusted for these one-time effects, personnel expenses amounted to €16.1 million, compared to the adjusted prior-year figure of €16.3 million.

 

Despite the decline in revenue, adjusted operating income of €0.9 million was nearly on par with the prior-year level (€1.0 million). Adjusted net income amounted to €0.3 million, compared to €0.4 million in the prior year.

 

Based on business performance in the first half of the year, the forecast for fiscal year 2026 is confirmed. Revenue is still expected to range between €95 million and €110 million, with an adjusted operating profit between –€1.5 million and +€3.0 million and an adjusted net income between –€1.5 million and +€2.0 million.

 

Key figures

   

01.01.-30.06.2022

01.01.-30.06.2023

01.01.-30.06.2024

01.01.-30.06.2025

01.01.-30.06.2026

 

Sales

Earnings before interest and taxes (EBIT)

EBIT margin

Earnings after taxes

Earnings per share 

€'000

€'000

%

€'000

€/share

70,952

-1,045

-1.5

-809

-0.29

65,676

72

0.1

-65

-0.02

60,622

-539

-0.9

-520

-0.19

56,130

1,253

2.2

591

0.21

54,207

323

0.6

-67

-0.02

 

Capital expenditures 

Depreciation 

Cashflow from operating activities

€'000

€'000

€'000

1,431

2,949

-6,485

1,295

2,655

554

828

2,398

-1,969

1,769

2,166

4,605

2,173

2,210

3,793

 

Total assets 

Shareholders' equity 

Equity ratio 

Net financial debt (+)/ Net investment position (-)

€'000

€'000

%

€'000

121,825

82,512

67.7

255

114,080

76,262

66.8

-5,083

114,331

72,339

63.3

-2,890

105,977

67,330

63.5

-6,281

102,765

67,320

65.5

-4,405

 

Return On Capital Employed (ROCE) 

Return On Equity (ROE) 

%

%

-2.4

-2.0

0.2

-0.2

-1.4

-1.4

3.5

1.8

0.9

-0.2

 

Number of employees 

 

 

761

 

699

 

673

 

643

 

609

 

 

* extrapolated to the full year (annualized)

 

© 2026 A.S. Création Tapeten AG