Jensen-Group: Revenue Up 21% in Q1, Caution Advised for the Future
Jensen-Group has reported steady growth in the first quarter of 2026: revenue up by 21%, net profit increased by 10.5%. However, the industrial laundry solutions manufacturer is adopting a cautious tone for the rest of the year, citing geopolitical uncertainty and a potential slowdown in client investments.
A Strong Order Book at the Start of the Fiscal Year
Jensen-Group recorded new orders worth 168.7 million euros in the first quarter of 2026, up 22.7% compared to 137.5 million euros a year earlier. Quarterly revenue reached 154.3 million euros, up 21% from 127.5 million euros in Q1 2025. The company attributes this performance to a solid order book, while noting a more uncertain market context. Operating income (EBIT) amounted to 21.6 million euros, up 30% compared to 16.6 million euros in the same quarter of the previous year. Consolidated net income was 16.2 million euros, an increase of 10.5% from 14.7 million euros in Q1 2025. Earnings per share rose to 1.76 euros, up 14% from 1.55 euros a year earlier.
Profitability Improves Despite Increasing Risks
The acceleration of operating profit (EBIT up 30%) outpaces that of revenue (up 21%), suggesting an improvement in operating margin in the first quarter. However, the management highlights a buildup of risk factors for the upcoming period. In addition to geopolitical tensions in the Middle East and the potential impact of tariff rates, Jensen-Group points to signs of a possible slowdown in client investments, exchange rate volatility, fluctuations in energy and transport costs, and intensifying competition.
A Defensive Roadmap for the Year
The management starts 2026 with a healthy order book and a robust project portfolio. It maintains its focus on operational excellence, execution agility, investment in sustainable innovation, and continued positioning in CleanTech solutions, automation, and applications of robotics and artificial intelligence in laundries. Additionally, Jensen-Group has announced a new share buyback program: 963,140 shares (10% of the capital) can be acquired between September 2026 and June 2028, following a program expiring on May 18, 2026, which had enabled the purchase of 449,351 shares at an average price of 49.77 euros for a total amount of 22.4 million euros.
