Gerresheimer Q3 revenue rises 8% to EUR 605m; PPP sale now expected to close in Q1 2027
Gerresheimer reported preliminary third-quarter 2026 revenue of EUR 605m, up 8% year on year. Adjusted EBITDA was EUR 103m against EUR 106m, and the margin fell to 17.1% from 19.0%. After completing the Centor sale in October, Gerresheimer now expects its Primary Packaging Plastics sale to close in the first quarter of 2027. It targets nearly EUR 700m of debt repayment by year-end and expects leverage of about 3x adjusted EBITDA after both disposals. Full-year guidance was maintained.
Why this mattersDisposal proceeds are funding close to EUR 700m of debt repayment, cutting leverage to about 3x, while margins slip slightly despite 8% revenue growth.
- Q3 2026 revenue was EUR 605m, up 8% year on year, with growth in all three segments.
- Q3 2026 adjusted EBITDA was EUR 103m, a 17.1% margin, down EUR 3m year on year.
- Nine-month 2026 revenue was about EUR 1.7bn with adjusted EBITDA of EUR 272m.
- Centor sale completed in October 2026; the Primary Packaging Plastics sale is now expected to close in the first quarter of 2027.
- Nearly EUR 700m of debt is targeted for repayment by year-end; leverage is expected to fall to about 3x adjusted EBITDA after both disposals.
- Full-year guidance maintained at EUR 2.3bn to EUR 2.35bn revenue, 17% to 18% organic adjusted EBITDA margin, and negative EUR 50m to EUR 100m free cash flow before M&A.