Gabler Group Raises 2026 Revenue Guidance to Over EUR 71 Million

Gabler Group AG, a Lübeck-based developer and manufacturer of mission-critical subsea technologies, has reported robust financial results for the first nine months of fiscal year 2026, prompting the company to raise its full-year revenue guidance and increase its medium-term revenue target. The company, listed under ISIN DE000A421RZ9 and ticker XK4, generated group revenue of EUR 49.8 million and adjusted EBIT of EUR 15.6 million, corresponding to a strong adjusted EBIT margin of 29.3%. The third quarter was particularly impressive, with revenue of EUR 22.5 million and adjusted EBIT of EUR 8.9 million. Order intake totaled EUR 65.3 million, and the total order backlog rose to EUR 393.2 million as of 30 September 2026, up from EUR 358.7 million at the end of 2025. This backlog, which is more than five times the expected revenue for 2026, provides excellent visibility for the coming years, with around 77% expected to convert into revenue over the next three to five years.

CEO David Schirm attributed the strong performance to the consistent implementation of the growth strategy outlined at the time of the company's initial public offering, emphasizing targeted investments in capacity, technology, and international market presence. CSO Ole Johannsen highlighted four strategic initiatives intended to unlock additional organic growth: torpedo tube launchable unmanned surface vehicles (TTL USV), Diver Homing technology for combat divers, the Gabler Integrated Subsea Intelligence (GISI) ecosystem for underwater situational awareness, and expansion into the United States. In line with this strategy, Gabler acquired 75% of DECK Marine Systems OÜ, an Estonian company specializing in deployment and recovery systems for sensors and unmanned underwater vehicles, and established Gabler Group USA Corporation. For fiscal year 2026, Gabler now expects consolidated revenue of over EUR 71 million (previously EUR 69–71 million) and adjusted EBIT of over EUR 18 million (previously EUR 17–19 million), reflecting an adjusted EBIT margin of over 24%. The medium-term revenue target for the next three to five years has been raised from over EUR 100 million to over EUR 120 million.

Gabler Group, founded in 1962 and employing approximately 290 people, is a trusted partner to over 250 worldwide customers, including 25 navies, and generates the vast majority of its net sales from defense and defense-related solutions. The company is the leading European and one of the world’s largest suppliers of mission-critical hoistable masts and control systems for conventional submarines. Investors and analysts are invited to an Earnings Call – Q3 2026 today at 2:00 p.m. CET, during which Schirm and Johannsen will discuss the results and provide a business update. The original release is available on www.newmediawire.com.