Titan Group reports Q1 2026 financial results and international expansion

Titan Group reported a strong start to 2026 with Q1 sales reaching €636.1 million, a 4.7% increase on a like-for-like basis. Net profit after taxes rose by 29% to €64.1 million, while EBITDA grew by 16% to €138 million. The company completed three acquisitions in Turkey, France, and the USA earlier this year for a total investment of €700 million. These acquired units recorded a total 2025 EBITDA of €65 million, with €45 million from Turkey and €10 million each from France and the USA. Integration schedules vary, with Turkey and France units consolidating for ten months and the US unit for seven months in 2026. Management expects the Prime cost optimization program to yield annual savings of €40–50 million. To counter rising energy costs from Middle East instability, the group plans to implement price hikes, cost reduction measures, and hedging tools. Chairman Marcel Cobuz noted positive volume trends and order growth across all markets.