After a tough market downturn in 2025, the start of the current year brought the first long-awaited signs of an improving business climate. Wielton’s better performance was driven not only by tighter cost control, but also by an effective push for share in key export markets. The standout was the United Kingdom, where a sharp rise in orders moved the group significantly up the supplier rankings. In parallel, the company completed the final step in taking full ownership of German manufacturer Langendorf GmbH, becoming its sole shareholder.
EBITDA back in the black, losses reduced
The group’s report for the first three months of 2026 shows consolidated sales revenue of 565.13 million złotych, up from 486.18 million złotych in the same period of 2025 — an increase of 16.2 percent. The bigger shift, however, was the return to positive operating profitability. EBITDA reached 3.4 million złotych, compared with minus 16.6 million złotych a year earlier, lifting the EBITDA margin to 0.6 percent from minus 3.4 percent.
At the bottom line, the figures remained negative, but the scale of the loss narrowed significantly. The consolidated net loss attributable to shareholders of the parent came in at 38.17 million złotych, versus 52.34 million złotych in the first quarter of 2025. Total net loss for the holding amounted to 38.8 million złotych, improving from 53.2 million złotych a year earlier — a 14.4 million złotych swing. On a standalone basis, Wielton SA reduced its net loss to 30.26 million złotych from 37.43 million złotych in the comparable period.
“The first quarter of 2026 brought the first signs of a better market environment and further improvement in Wielton Group’s performance. We increased revenue by 16 percent, improved EBITDA by nearly 20 million złotych year on year, and reduced the net loss. These effects reflect consistent sales activity, cost optimisation and a focus on improving operational efficiency and financial liquidity. At the same time, we continue initiatives that strengthen the group’s long-term resilience and growth potential,” said CEO Paweł Szataniak.
The UK and Spain drive volumes
Between January and March 2026, the group delivered 3,858 vehicles in total, up 6.2 percent year on year. The strongest performance came from the UK, where the market grew by more than 22 percent. Combined volumes for Lawrence David, Wielton and Langendorf rose there by 23.5 percent to 741 vehicles. Revenue in the UK jumped to 114.5 million złotych from 72.2 million złotych a year earlier.The group’s combined market share in the UK increased to 12.4 percent, moving it from fourth to second place.
Spain also delivered a strong uplift. While the local semi-trailer and trailer market expanded by nearly 9 percent, the group’s volumes surged by more than 38 percent, reaching 152 vehicles. Guillén, Fruehauf and Wielton achieved a 3.9 percent share in Spain, placing fifth in the ranking. France remained stable: the market grew by nearly 7 percent and the group’s Fruehauf business sold 703 vehicles (up 9.5 percent), keeping its leading position with a 17.3 percent share.
Poland still challenging, but share improves
Conditions at home were tougher, with the Polish semi-trailer and trailer market down 3.2 percent year on year in the first quarter. Even so, Wielton and Langendorf increased Polish sales by almost 16 percent to 1,133 vehicles, raising market share to 15 percent from 13.3 percent. Domestic revenue climbed to 125 million złotych from 113.1 million złotych, securing the group third place in the local market. Responding to demand from the courier sector, the company expanded its range with an EVO-series trailer designed for swap body transport — the Swap Trailer Courier Master — and continued advanced design work on a new EVO box trailer.
Gains were also recorded across Central and Eastern Europe, where the market grew by more than 8 percent. Wielton’s volumes in the region rose by almost 8 percent to 316 units, and market share increased to 6.2 percent, which kept the group in fifth place.
Slower in Germany and Italy, plus pressure in Agro
Germany and Italy moved in the opposite direction. In Germany, despite an almost 10 percent market rebound after steep declines in 2025, the group’s sales fell by 28 percent. Langendorf and Wielton delivered 201 vehicles there, taking a 1.8 percent share and seventh place. In Italy, where the market grew by more than 8 percent, the group’s volumes dropped from 379 to 284 units, while revenue declined by more than 35 percent to 30.2 million złotych. Viberti, Fruehauf, Wielton and Guillén hold fourth place in Italy with a 9.9 percent share.
Langendorf fully integrated and recapitalisation underway
A key structural step was completing the move to full control of the German business. From 6 February 2026, Wielton has owned 100 percent of Langendorf GmbH, closing an important stage of integration within the holding.
To further strengthen liquidity and financial flexibility, the company also launched a recapitalisation process. The aim is to reinforce the group’s balance sheet and build a solid foundation for long-term growth, while improving operational resilience in a European transport market that remains volatile and demanding.
