JOST Werke SE, a global leader in safety-critical systems for commercial vehicles, reported strong financial results for the second quarter of 2026, with revenue rising 12.7% to EUR 440.2 million and adjusted EBIT increasing 18.5% to EUR 43.9 million. The company achieved organic growth of 8.9%, supported by all regions and business lines, demonstrating the effectiveness of its diversified portfolio and strategic initiatives.
Group earnings after tax more than doubled to EUR 15.9 million, driven by strong operational performance and lower exceptionals from the Hyva acquisition. Adjusted earnings after tax rose 19.1% to EUR 24.6 million, reflecting improved profitability and efficient capital allocation. The company's ROCE improved to 16.3%, and the leverage ratio returned to the target range at 1.81x, enhancing financial flexibility.
Revenue growth was broad-based across all regions. In EMEA, revenue increased 9.5% to EUR 205.9 million, with organic growth of 3.1% adjusted for currency and Cranes base effects. The Americas saw a 17.1% revenue increase to EUR 121.0 million, with organic growth of 14.2%, driven by new customer wins and the local-for-local approach. APAC revenue grew 14.0% to EUR 113.3 million, with organic growth of 14.8%, supported by strong demand in China and India.
All business lines contributed to growth. Transport revenue rose 5.6%, Agriculture increased 20.2%, and Hydraulics grew 20.9%, benefiting from cross-selling synergies and robust demand in mining and construction. The adjusted EBIT margin improved to 10.0%, within the strategic corridor of 10% to 12%, reflecting operational improvements and a favorable regional mix.
JOST's strong cash generation continued, with free cash flow rising significantly to EUR +17.3 million in Q2 2026, despite increased working capital due to higher volumes and safety stock. The company's disciplined capital allocation has strengthened the balance sheet, with equity increasing to EUR 433.9 million and the equity ratio improving to 26.9%.
Looking ahead, JOST confirms its outlook for fiscal 2026, expecting single-digit revenue growth and faster adjusted EBIT growth, with an improved margin. The company remains confident in its ability to navigate market challenges and continue executing its AMBITION 2030 strategy.
