Masterplast Q1 Earnings Climb on Surging Revenue

Listed building materials maker Masterplast had first-quarter after-tax profit of EUR 1.9m, improving from a loss of EUR 2.2 million in the base period, an earnings report released ahead of the opening bell on Thursday shows.

In the first quarter of 2026, Masterplast achieved consolidated revenue of EUR 57,4 million, representing the third highest quarterly turnover in the company’s history and exceeding the same period of the previous year by 72%.

The report says the outstanding performance continued to be significantly supported by the strong sales of CES (Certified Energy Savings) and the related products, while sales growth was also experienced across the majority of product groups and markets.

As a result of the remarkable turnover, higher capacity utilisation and improving operational efficiency, the Group’s EBITDA increased to EUR 5,1 million, while profit after tax closed at a profit of EUR 1,9 million, representing an improvement of more than EUR 4 million compared to the previous year.

The Middle Eastern conflict that escalated at the end of February caused significant disruptions and price increases in global raw material markets, to which the company responded by relying on its diversified supplier structure, treating security of supply and maintaining production continuity as primary objectives.

Thanks to the existing inventory levels and the broad raw material supplier base, the drastic price increases are incorporated into production costs only gradually, projecting strong profitability for the second quarter. The broad manufacturing portfolio, improving operational efficiency and the growing demand for energy efficiency solutions provide a stable basis for the sustainable strengthening of the company’s earnings-generating capability, according to the earnings report.