12.05.2026

Strong uptick for Wacker Neuson

German telehandler manufacturer Wacker Neuson has reported its first quarter results for 2026.
Total revenues for the three months to the end of March jumped almost 20 percent to €591.5 million. With an improving market in Europe and Asia Pacific offsetting slowing declines in the Americas.

The regional results:
Europe - €471.6 million +27.7%
Americas - €108 million -2.3%
Asia Pacific - €11.8 million +8.3%
Total €591.5 million +19.8%

Revenue by product sector
Sales of Compact Equipment - which includes telehandlers, leapt 40 percent to €355.5 million, while Light Equipment sales were 0.3 percent lower at €114.2 million and Services revenues declined 2.9 percent to €124.5 million.

Pre-tax profitjumped more than sixfold or 668 percent, if you prefer to €39.9 million million, thanks to the higher sales volumes and lower finance costs, partly offset by a slightly lower gross margin percentage and higher R&D expenditure.

Net Debt was reduced by 34 percent on this time last year to €196 million- but slightly higher than at the start of the year.

Full year revenue forecast The company is forecasting full year revenues in the region of €2.2 to 2.4 billion, which represents a range from no growth to 10 per cent over 2025.

The company said: “The results of the first quarter of 2026 reflect what has been seen since the end of 2025, noticeably improving order dynamics. After the previous year was still influenced by weak demand, especially in Europe, which showed significant recovery in the second half of 2025. This positive trend continued even more strongly at the beginning of the fiscal year 2026, especially in the compact equipment segment, which recorded a significant upward dynamic. With these developments.”

Chairman Karl Tragl added:The noticeable recovery in our key European markets, as well as increased demand for our compact equipment, enables a solid start into 2026. Moreover, we succeeded in implementing our planned efficiency measures and increasing our profitability once again. We look with confidence at the rest of the year and confirm our guidance for this fiscal year

Vertikal Comment

This is an incredible result given the current economic climate. The company says that construction was more buoyant than its sales to the agricultural market. Given that farmers tend to buy more telehandlers, might this suggest fewer telehandler sales and more excavators?

Overall, this looks very positive indeed.