JOST Werke SE, a leading manufacturer of safety-critical systems for the commercial vehicle industry, announced its financial results for the second quarter of 2026, demonstrating strong revenue and profitability growth. The company's revenue rose by 12.7% to EUR 440.2 million, with organic growth of 8.9% supported by all regions and business lines. Adjusted EBIT increased by 18.5% to EUR 43.9 million, and the adjusted EBIT margin improved to 10.0%.
The growth was broad-based, with the Transport business line growing 5.6% to EUR 218.7 million, Agriculture increasing 20.2% to EUR 89.8 million, and Hydraulics rising 20.9% to EUR 131.7 million. The latter was boosted by demand from mining and construction, as well as cross-selling synergies from the Hyva integration. Regionally, EMEA saw a 9.5% revenue increase, AMERICAS grew 17.1%, and APAC rose 14.0%, with organic growth in each region.
Group earnings after tax more than doubled to EUR 15.9 million, driven by strong operating performance and lower exceptionals from the Hyva consolidation. Adjusted earnings after tax rose 19.1% to EUR 24.6 million. Free cash flow improved significantly to EUR +17.3 million, and the company's ROCE increased to 16.3%. The leverage ratio improved to 1.81x, back within the target range, reflecting efficient capital allocation.
CEO Joachim Dürr commented, "JOST once again achieved strong and broad-based growth in the second quarter of 2026. The quality of this growth matters most to me as all regions and business lines contributed organically. This performance reflects market share gains driven by new customer wins and cross-selling synergies rather than acquisition effects alone."
The company confirmed its outlook for fiscal year 2026, expecting single-digit percentage revenue growth and faster adjusted EBIT growth, with an improved margin. The interim report is available at https://ir.jost-world.com/reports. The earnings conference will be held on August 13, 2026, with a recording available on the JOST website.
