In the Americas region, external sales in Q1 2026 amounted to EUR 65.0 million (Q1 2025: EUR 73.0 million), resulting in a decline of 10.9% compared with the same quarter a year earlier. Negative currency effects (-9.4%) were the main driver of this development, along with a decrease in the sales volume, especially in Mobility & New Energy. Positive price effects in both areas could not offset this.

Revenue in Mobility & New Energy amounted to EUR 40.6 million (Q1 2025: EUR 46.8 million). Revenue in Industry Applications was almost stable at EUR 24.4 million (Q1 2024: EUR 26.2 million). On the whole, the Americas region’s share of Group revenue fell slightly in the reporting quarter to 31% (Q1 2025: 33%).

Adjusted EBIT for the Americas region rose in Q1 2026 to EUR 3.1 million (Q1 2025: EUR 2.7 million). The EBIT margin was 4.6% (Q1 2025: 3.6%). The EBIT margin benefited from positive price realizations in the US business in connection with the tariffs.

Investments made in the Americas in the first three months of 2026 totaled EUR 3.5 million (Q1 2025: EUR 5.3 million), which mainly involved the plants in the United States.

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These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.