• De Nora forecasts 2026 revenue of EUR 880 million–EUR 900 million, including IWS, with an adjusted EBITDA margin of 17%–18%.
• Organic revenue guidance remains EUR 830 million–EUR 850 million; the organic adjusted EBITDA margin forecast narrows to 19%–20% from 18%–20%.
• IWS revenue expectations fall to EUR 50 million–EUR 60 million from EUR 77 million, with adjusted EBITDA now expected slightly negative.
• Capital expenditure guidance falls to EUR 70 million from EUR 80 million, with the investment cycle ending by year-end.
• Nine-month orders rose 30% year over year to approximately EUR 760 million, supporting revenue visibility into 2027.

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. Industrie De Nora S.p.A. published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.