In the Asia-Pacific region, external sales revenue in Q1 2026amounted to EUR 29.5 million and were thus 3.8% below the figure for the corresponding quarter of the previous year (Q1 2025: EUR 30.6 million). Before foreign currency effects of -6.2%, organic growth amounted to 2.4%.
In Mobility & New Energy, volumes and prices were largely unchanged from the same quarter a year earlier, whereas currency effects had a negative effect of 7.0%. Sales revenue for the first quarter declined overall by 6.9%. In Mobility & New Energy, sales in the current reporting quarter in the Asia-Pacific region amounted to EUR 20.7 million (Q1 2025: EUR 22.2 million).
With sales growth of 4.5%, Industry Applications performed satisfactorily compared with the same quarter of the previous year, driven by organic growth of 8.5% that more than offset negative currency effects of -4.0%. Revenue for Industry Applications thus rose year over year (Q1 2026: EUR 8.8 million; Q1 2025: EUR 8.4 million). The Asia-Pacific region still accounted for around 14.1% of Group sales in Q1 2026 (Q1 2025: 13.8%).
Adjusted EBIT for the Asia-Pacific region in Q1 2026 was EUR 3.1 million (Q1 2025: EUR 2.1 million). The adjusted EBIT margin reached 10.1% (Q1 2025: 6.6%). This encouraging growth resulted chiefly from the reduction of higher personnel costs in the same quarter of the previous year owing to a lack of flexibility in personnel structures in connection with lower sales.
Investments in the Asia-Pacific region in Q1 2026 amounted to EUR 0.9 million (Q1 2025: EUR 1.1 million) and were primarily made at the plants in China.
Legend
These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.