• Indus raised FY 2026 guidance on a price-driven surge at its largest Materials Solutions unit amid tungsten carbide shortages.
• Revenue seen at EUR 1.85-2.05 billion, up from EUR 1.8-1.95 billion; adjusted EBITA at EUR 160-190 million, up from EUR 150-170 million.
• Adjusted EBITA margin forecast lifted to 8%-10% from 7.5%-9.5% as tungsten carbide prices tripled in 2026 following a 2025 tripling.
• Free cash flow outlook cut to at least breakeven from above EUR 70 million due to sharply higher working capital to secure raw materials.
• Preliminary Q1 revenue EUR 441.6 million; adjusted EBITA EUR 42.5 million; free cash flow seen at minus EUR 74.1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Indus Holding AG published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.