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)