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Doman Building Materials Group (DE:2CW)
FRANKFURT:2CW
Germany Market
EarningsQ2 2026 Earnings Report

Doman Building Materials Group (2CW) Q2 2026 Earnings Report

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DE:2CW Q2 2026 EPS Results

Actual EPS€0.23
Consensus EPS€0.20
Beat/MissBeat by +€0.03
One Year Ago EPS€0.20

DE:2CW Q2 2026 Revenue Results

Actual Revenue€565.87M
Expected Revenue€570.89M
Beat/MissMissed by -€5.03M
YoY Revenue Growth+2.00%

Earnings Announcement Details

QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
DE:2CW Upcoming Earnings
Doman Building Materials Group's next earnings date is estimated for October 29, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

No earnings call audio is available for this earnings event.

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented a generally positive operational and financial picture: record quarterly revenue, higher net earnings, stable gross margin percentage and continued shareholder returns (dividend). Management highlighted strategic progress on domestic fencing production and benefits from import tariffs. Offsetting items include a small decline in EBITDA, rising operating expenses (inflation and earn‑out costs), weakened operating cash flow for the six‑month period, increased use of the revolving facility to fund working capital, and higher investing/CAPEX cash consumption. On balance, the positive items (record revenue, stronger net earnings, margin stability, strategic growth initiatives and maintained dividend) outweigh the headwinds related to cash flow and expense inflation.
Company Guidance
Management reiterated that the company will not provide forward‑looking earnings guidance — and does not anticipate offering guidance in future quarterly or interim communications — but gave a cautious, qualitative near‑term view: July was "similar" to Q2 and Q3 is expected to be "steady" with "nothing crazy" up or down. They noted operational tailwinds (tariffs on Brazil/Canada are a net benefit for fencing demand, Gilmer sawmill ramping toward full capacity and Estill starting production in Q3/Q4) and pointed to strong recent financials underpinning the outlook: Q2 record revenue $904.5M (+$17.8M, +2% YoY), gross margin $145.8M (16.1%), adjusted EBITDA ~ $78.8M, net earnings $31.2M; six‑month revenue $1.67B, adjusted EBITDA $147M, gross margin 16.5% and net earnings $55.1M. They also highlighted balance‑sheet and cash metrics — $84.9M net advances on the revolving facility YTD, $35.9M cash from financing, $21M invested in PP&E YTD, $24.6M returned to shareholders through dividends paid and a declared quarterly dividend of $0.14 per share — and confirmed the company remains in compliance with lending covenants.
Record Quarterly Revenue
Revenue for Q2 2026 reached a record $904.5 million, up $17.8 million or +2.0% versus $886.7 million in Q2 2025, driven primarily by higher year‑over‑year pricing in several construction material categories.
Improved Net Earnings
Net earnings for the quarter were $31.2 million versus $27.7 million in Q2 2025, an increase of $3.5 million or +12.6%.
Stable Gross Margin Percentage and Higher Gross Margin Dollars
Gross margin dollars increased to $145.8 million (+$3.1 million or +2.2%) while gross margin percentage held steady at 16.1% year‑over‑year, demonstrating margin resilience despite lumber price volatility.
Solid Six‑Month Results
For the first six months, revenues totaled $1.67 billion with adjusted EBITDA of $147 million; gross margin percentage improved slightly to 16.5% and net earnings rose to $55.1 million from $51.2 million (+7.6%).
Dividend and Capital Return
Company declared a quarterly dividend of $0.14 per share and returned $24.6 million to shareholders during the six‑month period, reflecting continued capital returns.
Reduced Finance Costs and D&A
Finance costs decreased to $17.6 million from $19.3 million (down ~$1.7 million, ≈‑8.8%) due largely to lower net debt utilization; depreciation & amortization declined by 5.5% to $23.9 million due to dispositions of PPE.
Operational Growth Initiatives in Fencing and Decking
Progress on growth projects: Gilmer sawmill operating (not yet at full capacity) with automation reducing labor costs; Estill sawmill expected to start production imminently — management expects these to support fencing/product expansion. Recent tariffs on imports seen as a net benefit to domestic fencing demand.

DE:2CW Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 29, 2026
2026 (Q3)
0.15 / -
0.131―
2026 (Q2)
0.20 / 0.23
0.212.50% (+0.03)
2026 (Q1)
0.09 / 0.17
0.1690.00% (0.00)
2025 (Q4)
0.04 / 0.08
0.06330.00% (+0.02)
2025 (Q3)
0.09 / 0.13
0.11316.67% (+0.02)
2025 (Q2)
0.14 / 0.20
0.11968.42% (+0.08)
2025 (Q1)
0.06 / 0.17
0.168.75% (+0.07)
2024 (Q4)
0.06 / 0.06
0.075-16.67% (-0.01)
2024 (Q3)
0.08 / 0.11
0.15-25.00% (-0.04)
2024 (Q2)
0.13 / 0.12
0.213-44.12% (-0.09)
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