Engel revenue falls 6 percent amid challenging market conditions

Schwertberg, Austria — Injection molding machine manufacturer ENGEL Group said Tuesday that revenue declined 6% in its 2025-26 financial year as challenging market conditions in Europe and ongoing industry pressures weighed on results, though the company reported renewed momentum in the United States and resilient demand in Asia.

The company reported revenue of 1.4 billion euros for the fiscal year, slightly below the prior year’s level. ENGEL said the year was marked by structural changes across the manufacturing sector, varying regional investment trends and persistent cost pressures.

CEO Stefan Engleder said the company remains focused on strengthening its global footprint and advancing an internal transformation program aimed at improving long-term competitiveness.

ENGEL said investment activity in the United States accelerated during the year, helping the company secure several major customer projects involving technologically advanced applications. The company described the U.S. as its most significant addressable market.

Asia also remained a bright spot, particularly Southeast Asia and India, which ENGEL identified as key future growth markets. The company said demand was strongest for technologically sophisticated applications, with technical injection molding supported by orders from logistics and aerospace customers.

The medical technology segment continued to perform strongly, while the packaging business developed more cautiously, according to the company.

ENGEL said its international manufacturing network remains central to its strategy. The company produced more than 1,000 injection molding machines at its Changzhou, China, facility during the fiscal year, with about 700 additional machines manufactured at plants in Shanghai and South Korea.

The company also highlighted its dual-brand strategy, under which the ENGEL brand focuses on customized solutions for demanding applications while its WINTEC brand offers standardized systems emphasizing cost efficiency and faster delivery.

Engleder also called for more stable industrial policy conditions in Europe, saying predictable investment conditions and fair competition are necessary to support long-term manufacturing investment.