Tesmec S.p.A. (TES) Earnings Call Transcripts

Tesmec S.p.A.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Tesmec S.p.A. reported revenues of EUR 136.1 million, reflecting a 7.4% increase year-over-year, driven primarily by strong performance in the energy business. The company returned to profitability with a net profit of EUR 1.1 million, compared to a loss of EUR 1.4 million in the same quarter last year. Management maintained a positive outlook for the remainder of the year, citing an increase in backlog to EUR 474 million, which supports medium-term visibility for growth across its business lines.

Reported metrics

Guidance from management

Management maintained a positive outlook for the rest of 2026, expecting improvements in financials compared to both last year and Q1 2026, despite a challenging macroeconomic environment.

What management said

Okay. Thank you very much. So I hope we were clear enough in giving you an overall picture of our first quarter of the year. Of course, we are available for any further questions in the next coming weeks. Thank you for your attention, and see you all for the results of the next quarter.

What analysts pressed on

Analysts expressed concerns regarding the Railway business's transition period and the potential impact of inflation on margins. There were also questions about the timing of backlog conversion and the capacity to meet rising demand in the Energy business.

Main topics on the call

• Revenue Growth — Tesmec's revenues increased by 7.4% year-over-year, reaching EUR 136.1 million. CEO Carlo Dominioni noted, "the strong performance of the energy business in both segments showed basically the solid momentum of this part ...
• Return to Profitability — The company achieved a net profit of EUR 1.1 million, a significant turnaround from a loss of EUR 1.4 million in Q1 2025. This was highlighted as a key positive development by management.
• Backlog Growth — Tesmec's order backlog grew to EUR 474 million, driven by new contracts, particularly in the Railway business. Dominioni stated, "this result is very important for us because it gives us positive medium-term visibility f...
• EBITDA Performance — EBITDA increased to EUR 10.1 million, representing 15.3% of revenues, but management indicated this was still below potential. CFO Ruggero Gambini remarked, "the EBITDA per se grew at a lower pace than the top line."

Read the full Tesmec S.p.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 22 Tesmec S.p.A. earnings call transcripts on record, spanning March 13, 2020 to August 5, 2026. Based on this history, Tesmec S.p.A. reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TES

Exchange

BIT

Country

IT

Sector

Industrials

Industry

Machinery

Calls on record

22

First call

March 13, 2020

Most recent

August 5, 2026

Reporting cadence

quarterly