EarningsQ2 2026 Earnings Report
CH:DCH Q2 2026 EPS Results
Actual EPSCHF0.27
Consensus EPSCHF0.13
Beat/MissBeat by +CHF0.14
One Year Ago EPSCHF0.17
CH:DCH Q2 2026 Revenue Results
Actual RevenueCHF2.45B
Expected RevenueCHF2.33B
Beat/MissBeat by +CHF116.83M
YoY Revenue Growth+92.40%
Earnings Announcement Details
QuarterQ2 2026
Date08/07/2026
TimeBefore Open
Conference CallFriday, August 7, 2026
CH:DCH Upcoming Earnings
Dauch Corporation's next earnings date is estimated for October 30, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CH:DCH Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial trajectory for the newly combined company: materially higher adjusted EBITDA in dollars, a large improvement in adjusted free cash flow, concrete synergy realization ($70M run-rate to date) and an upward update to full-year guidance. These positives are balanced against meaningful integration and acquisition-related impacts on GAAP earnings, higher interest expense and elevated net debt (net leverage ~2.6x), as well as near-term launch-related production downtime and the longer timeline for certain procurement/operations synergies. On balance, the operational momentum, synergy progress and cash flow improvement outweigh the near-term financial and execution challenges.Company Guidance
Quarterly Sales and Scale from Acquisition
Reported Q2 2026 sales of $2.96B (company also referenced 'approximately $3.0B'), vs $1.54B in Q2 2025 (increase driven by the Dowlais acquisition and FX/metal pass-throughs); management noted that on an organic basis sales were in line with production levels and that Dowlais contributed ~$1.45B of gross sales in the quarter.
Adjusted EBITDA Growth with Stable Margin
Adjusted EBITDA of $389.6M in Q2 2026 (13.2% margin) versus $202M (13.2% margin) in Q2 2025 — ~+93% in dollars while margin remained stable at 13.2%, driven by mix, synergies, and Dowlais contribution (Dowlais EBITDA ~ $180M; 12.4% of its sales).
Material Free Cash Flow Improvement
Adjusted free cash flow of $148.4M in Q2 2026 compared with $48.7M in Q2 2025 — roughly +205% year-over-year, supported by stronger operating cash flow ($107.5M vs $91.9M) and disciplined capex ($91.7M in the quarter).
Synergy Progress and Targets
Realized approximately $70M of run-rate savings to date and $15M of synergy benefits in Q2; reaffirmed targets to exceed $100M run rate savings by year-end, ~$180M run rate by end of year 2 and $300M run rate by end of year 3. Management highlighted early wins in SG&A, engineering and corporate cost elimination.
Raised Full-Year Guidance
Tightened and raised the low-end of 2026 guidance: sales $10.6B–$10.8B (was $10.3B–$10.8B), adjusted EBITDA $1.36B–$1.425B (was $1.3B–$1.425B), and adjusted free cash flow $260M–$325M (was $235M–$325M). JV equity income (SDS) guidance increased to $70M–$80M.
Customer Wins, Awards and Quoting Pipeline
Named Ford Supplier of the Year (quality) for FY2025, won multiple awards globally, and reported an active quoting pipeline of more than $2B of new and incremental business (including capacity uplifts and next-gen platforms). Management emphasized cross-sell opportunities from the combined portfolio.
Debt Reduction Actions Taken
Management voluntarily redeemed $125M of 6 7/8% notes due 2028 during Q2 and redeemed the remaining $125M of those same notes in August, thereby eliminating that near-term maturity and signaling active debt reduction as a priority.
CH:DCH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed