Hoenle AG Reports Positive Q1 Results Amid Mixed Segment Performance

Hoenle AG has released its Q1 results for the fiscal year 25/26, demonstrating a resilient performance overall despite challenges in specific sectors. Revenue remained stable at €21.5 million, slightly below market expectations. The primary contributors were strong sales in Disinfection, which grew by 18% to €6.7 million, driven by increased demand for water purification systems.

Adhesives maintained a steady performance despite exchange rate impacts, with revenues of €8.1 million, exceeding projections. Conversely, the Curing segment underperformed, seeing a 13% decline in revenue due to reduced customer investments.

Hoenle's operating cash flow showed improvement, turning positive with €0.2 million. The company anticipates further growth in the second half of 2026, supported by market expansion in North America and India and enhanced after-sales activities.