{"id":20001,"date":"2026-08-13T07:59:48","date_gmt":"2026-08-13T05:59:48","guid":{"rendered":"https:\/\/vincorion.com\/?p=20001"},"modified":"2026-08-13T09:43:45","modified_gmt":"2026-08-13T07:43:45","slug":"vincorion-grows-revenue-and-earnings","status":"publish","type":"post","link":"https:\/\/vincorion.com\/en\/vincorion-grows-revenue-and-earnings\/","title":{"rendered":"VINCORION grows revenue and earnings"},"content":{"rendered":"<p>VINCORION SE, a leading developer and manufacturer of power and mechatronic solutions for defense platforms and aviation systems, today publishes its results for the first half of 2026. In the first six months of the year, VINCORION continued its positive revenue trajectory, growing revenue by 42.4% from EUR 105.5 million in the prior year to EUR 150.2 million. A successful second quarter contributed EUR 81.2 million to this result (Q2 2025: EUR 56.2 million). Through a corresponding expansion of production capacity, VINCORION was able to serve strong market demand in the Vehicle Systems and Power Systems segments. Compared to the same period of the prior year, adjusted EBIT rose from EUR 21.4 million to EUR 28.4 million, an increase of 32.8%. The adjusted EBIT margin came to 18.9%. Following a negative free cash flow of EUR 7.1 million in the first quarter, VINCORION generated a positive free cash flow of EUR 1.1 million in the second quarter, reflecting an upward trend. Order entry again rose significantly to EUR 330.2 million in the first half of the year, well above the prior-year figure of EUR 72.7 million. The total order book amounted to EUR 1.2 billion, with a large share of planned 2026 revenue already covered by firm order backlog.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>\u201dVINCORION has arrived on the capital markets following its successful IPO. Demand for our products, services and tailored solutions remains high. Modular power systems and mechatronic solutions are of particular importance here \u2014 their reliability under extreme conditions underpins operational capability in the field. Given the current overall environment, our visibility is above average, and we are therefore confident in our ability to continue our growth trajectory successfully,\u201d said Kajetan von Mentzingen, CEO of VINCORION SE.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>\u201cIn the second quarter, we built on the positive momentum of the first quarter: revenue and earnings continued to rise. Particularly important for us is the fact that we returned to positive free cash flow in the second quarter. It remains our goal to continue our ramp-up successfully and to pursue our profitable growth trajectory, and we do so with great confidence,&#8221; said Dieter Holst, CFO of VINCORION SE.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h6><b>Vehicle Systems and Power Systems remain growth drivers<span class=\"Apple-converted-space\">\u00a0<\/span><\/b><b><\/b><\/h6>\n<h6><b>Vehicle Systems<span class=\"Apple-converted-space\">\u00a0<\/span><\/b><b><\/b><\/h6>\n<p>The Vehicle Systems segment grew revenue by 72.0% in the first half of 2026, from EUR 42.4 million to EUR 72.6 million, making it the strongest-growing segment. The second quarter of 2026 contributed a consistently high revenue of EUR 37.2 million (Q2 2025: EUR 20.4 million). This positive development is primarily attributable to the significant rise in demand for stabilization products, in particular large-volume new orders for armored platforms.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h6><b>Power Systems<span class=\"Apple-converted-space\">\u00a0<\/span><\/b><b><\/b><\/h6>\n<p>In the Power Systems segment, revenue climbed by 41.1% from EUR 32.7 million to EUR 46.2 million. The segment generated revenue of EUR 25.5 million in the second quarter (Q2 2025: EUR 18.2 million), with both quarters above the previous year\u2019s level. Systems for ground-based air defense were in particularly high demand. In addition, VINCORION will take on a central role in German industry as part of the EU-funded SENTINEL project, with the aim of developing modern tactical power systems.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h6><b>Aviation<span class=\"Apple-converted-space\">\u00a0<\/span><\/b><b><\/b><\/h6>\n<p>The Aviation segment generated revenue of EUR 33.2 million during the reporting period, slightly above the prior-year figure of EUR 32.7 million. Absent the foreign exchange headwinds arising from the depreciation of the US dollar, growth would have been more pronounced.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h6><b>2026 annual guidance: revenue expected at the upper end of the range<span class=\"Apple-converted-space\">\u00a0<\/span><\/b><b><\/b><\/h6>\n<p>The Management Board of VINCORION guided Group revenue of between EUR 280 million and EUR 320 million and an adjusted EBIT margin of between 18% and 19% for the 2026 financial year. With the half-year results now available, the company expects Group revenue at the upper end of the guided range.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<table style=\"height: 265px;\" width=\"1003\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\">\n<h6><b><span lang=\"EN-US\">Key Group figures H1 2026 <\/span><\/b><strong style=\"font-family: inherit; font-size: inherit;\">In EUR million<\/strong><b><\/b><\/h6>\n<\/td>\n<td valign=\"top\">\n<h6><strong>Q2 2026 <\/strong><b><\/b><\/h6>\n<\/td>\n<td valign=\"top\">\n<h6><strong>Q2 2025 <\/strong><b><\/b><\/h6>\n<\/td>\n<td valign=\"top\">\n<h6><strong>H1 2026 <\/strong><b><\/b><\/h6>\n<\/td>\n<td valign=\"top\">\n<h6><strong>H1 2025 <\/strong><\/h6>\n<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Order entry<\/td>\n<td valign=\"top\">180.8<\/td>\n<td valign=\"top\">33.9<\/td>\n<td valign=\"top\">330.2<\/td>\n<td valign=\"top\">72.7<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Total order book<\/td>\n<td valign=\"top\">n\/a<\/td>\n<td valign=\"top\">n\/a<\/td>\n<td valign=\"top\">1.205<\/td>\n<td valign=\"top\">n\/a<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Revenue<\/td>\n<td valign=\"top\">81.2<\/td>\n<td valign=\"top\">56.2<\/td>\n<td valign=\"top\">150.2<\/td>\n<td valign=\"top\">105.5<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Adjusted EBIT<\/td>\n<td valign=\"top\">16.0<\/td>\n<td valign=\"top\">11.8<\/td>\n<td valign=\"top\">28.4<\/td>\n<td valign=\"top\">21.4<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Adjusted EBIT margin<\/td>\n<td valign=\"top\">19.7 %<\/td>\n<td valign=\"top\">21.1 %<\/td>\n<td valign=\"top\">18.9 %<\/td>\n<td valign=\"top\">20.3 %<\/td>\n<\/tr>\n<tr>\n<td valign=\"top\">Free cash flow<\/td>\n<td valign=\"top\">1.1<\/td>\n<td valign=\"top\">-4.8<\/td>\n<td valign=\"top\">-6.1<\/td>\n<td valign=\"top\">-3.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h6><\/h6>\n<h6 style=\"font-weight: 400;\"><strong>At 2:00 p.m. (CEST), VINCORION will host a webcast for analysts and investors, which will be streamed live on the company&#8217;s website. Please register <\/strong><a href=\"https:\/\/www.webcast-eqs.com\/vincorion-2026-h1\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a><strong> to follow the webcast. <\/strong><\/h6>\n<h6 style=\"font-weight: 400;\"><\/h6>\n<h6 style=\"font-weight: 400;\"><strong>Further information available at: <\/strong><a href=\"https:\/\/ir.vincorion.com\/en\"><strong>https:\/\/ir.vincorion.com\/en<\/strong><\/a><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>Felix Zander verst\u00e4rkt als Finanz- und Kommunikationsexperte Team f\u00fcr die Kapitalmarktkommunikation<\/p>\n","protected":false},"author":2,"featured_media":20006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[98],"tags":[467,382],"class_list":["post-20001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-en","tag-partner-en","tag-unternehmen-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/posts\/20001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/comments?post=20001"}],"version-history":[{"count":7,"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/posts\/20001\/revisions"}],"predecessor-version":[{"id":20030,"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/posts\/20001\/revisions\/20030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/media\/20006"}],"wp:attachment":[{"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/media?parent=20001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/categories?post=20001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vincorion.com\/en\/wp-json\/wp\/v2\/tags?post=20001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}