ElringKlinger defies global vehicle production slump with strong Q2 growth

German automotive components giant ElringKlinger AG posted a 17.3% year-on-year revenue jump to €478.9 million in Q2 2026, despite a 0.2% decline in global vehicle production. The company attributed the growth to ramp-up effects in e-mobility series production totaling €28.1 million and one-time factors, while currency effects added €2.1 million. The prior-year quarter included €6.3 million from the divestment of UK subsidiary Hofer Powertrain Products UK Ltd. All business segments contributed to revenue gains, with notable strength in Lightweight & Elastomer Technology and the newly merged Sealing Solutions & Engineered Metal Components division, formed on May 1, 2026. Adjusted EBITDA rose 6.6% to €53.5 million, and the group reported an adjusted EBIT margin of 6.4% in the first half of 2026, aligning with its guidance of around 6–7% for the full year. CEO Thomas Jessulat highlighted continued scaling of the e-mobility business and improved profitability and cash flow. The company is headquartered in Dettingen/Erms, Germany.