The financial result amounted in Q1 2026 to EUR -2.1 million, significantly higher than in previous year’s figure (Q1 2025: EUR -4.6 million). The main driver of this development was lower net interest expense (Q1 2026: EUR -2.8 million; Q1 2025: EUR -3.9 million), in particular due to higher interest income. In addition, in the first three months of 2026, net currency losses amounting to EUR 0.1 million (Q1 2025: EUR -0.3 million) were included in the financial result.
| | |
Financial result |
|---|
in EUR thousand | Q1 2026 | Q1 2025 |
|---|
Finance expenses | | |
|---|
Interest expenses | | |
Bank borrowings | -3,603 | -4,477 |
Hedging instruments | | 528 |
Leases | -215 | -257 |
Expenses for interest accrued on pensions | -8 | -54 |
Foreign exchange losses on financing activities | -232 | -633 |
Expenses from valuation of derivatives | -93 | 0 |
Other financial cost | -569 | -369 |
| -4,720 | -5,198 |
|---|
Financial income | | |
|---|
Interest income on short-term bank deposits | 1,015 | 340 |
Foreign exchange result on financing activities | 341 | 308 |
Income from valuation of derivatives | 1,283 | 0 |
Other financial income | | 79 |
| 2,639 | 648 |
|---|
Financial result | -2,081 | -4,550 |
|---|
Legend
These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.