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SPIE reports 1.7% revenue growth in Q1 2026, driven by acquisitions in Germany and Central Europe.

Company Fundamentals
24 Apr 2026
Na
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Bullish
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SPIE SA posted a 1.7% increase in revenue for Q1 2026 to €2.45 billion, despite a slight organic decline of 0.9% due to adverse weather in Germany and Central Europe. The growth was mainly fueled by acquisitions, particularly in Germany and Central Europe, adding approximately €667 million in annual revenue. The company completed four major transactions early in 2026, including significant industrial service acquisitions in Germany and expansion in Central Europe. SPIE confirmed its 2026 outlook, expecting continued organic growth, bolt-on acquisitions, and margin expansion, supported by a strong balance sheet and disciplined financial management.

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