Fluidra stock gained 1.80 percent on October 2 as margins held

Published on 10/04/2026 at 20:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fluidra stock was last at EUR 17.50 on October 2, with its 52-week performance at -23.65 percent. First-half sales reached EUR 1.258 billion and adjusted EBITDA margin held at 25.5 percent.

Makroaufnahme einer blauen Filterkartusche mit Wassertropfen — Makroaufnahme eines Filterkartuschen-Materials illustriert die Filtertechnik-Produkte von Fluidra S.A., ISIN ES0137650018, im Detail nah, Illustration mit AI erstellt.

Fluidra stock (ISIN ES0137650018) was last at EUR 17.50 on BME on October 2, 2026, up 1.80 percent, while its 52-week performance stood at -23.65 percent. The market move follows a first half in which Fluidra combined sales growth with a stable adjusted EBITDA margin, according to Yahoo Finance on July 30, 2026.

First half sales reached EUR 1.258 billion

Fluidra reported first-half 2026 sales of EUR 1.258 billion, up 4.9 percent year over year, while adjusted EBITDA rose 5.7 percent to EUR 321 million. The adjusted EBITDA margin held at 25.5 percent, giving the company a profitability anchor while demand for new pool construction remained softer.

The same results call put adjusted net profit at EUR 175 million, up 7.1 percent, and free cash flow at EUR 16 million versus a use of EUR 74 million in the prior-year period. Management also maintained its full-year guidance, with sales growth targeted at 3 percent to 7 percent and adjusted EBITDA margin guided at 23.3 percent to 24.3 percent.

Buyback adds a capital return signal

Fluidra completed its EUR 40 million share buyback in September, acquiring 2,071,424 shares equal to 1.08 percent of the capital, according to Democrata on September 18, 2026. The shares are intended for amortization, which reduces the share count rather than adding a recurring operating commitment.

Analyst target stays above EUR 26

The analyst consensus published by MarketScreener was Buy from 15 analysts, with an average price target of EUR 26.20. Against the October 2 price of EUR 17.50, that target lies 49.71 percent above the stock.

Management highlighted softer new-build demand, inflation and tariff effects as variables for the second half, while aftermarket activity and market-share gains supported the first-half performance. The balance therefore rests on execution: margin protection and cash generation must continue while construction demand remains restrained.

Fluidra stock was last at EUR 17.50

Fluidra stock was last at EUR 17.50 on BME on October 2, 2026, at 5:35 p.m. CET, with a 1.80 percent daily gain and market capitalization of EUR 3.3 billion. The next scheduled earnings date is October 29, 2026.