CIRSA delivered one of its strongest quarterly performances in recent years during Q1 2026, which was supported by retail dominance, online expansion and a lowering of financing costs.
Net operating revenues reached a record €623m [$724m] during the quarter, increasing 8% year-on-year, or 9.5% excluding foreign exchange effects, from €576.7m [$669.9m]. EBITDA rose to €193.9m (Q1 2025: €178.8m), representing growth of 8.5% on a reported basis and 10.8% excluding currency impacts, while margins remained stable at 31.1%.
The results marked the Blackstone-backed company’s 71st consecutive quarter of EBITDA growth, excluding the COVID period.
Net profit surged to €44.6m (Q1 2025: €28.1m), and adjusted net profit increased by 32.8% to €69.9m.
