APG and WCC raise FY26 guidance on record backlog and strong growth
According to TradingView, APG's third-quarter revenue rose 22.5% and WCC's organic sales grew 17%. Both companies lifted their fiscal 2026 forecasts.
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what happened
According to TradingView, APG's third-quarter revenue rose 22.5%, while its adjusted EBITDA margin expanded by 20 basis points. Backlog topped $5 billion. APG raised its FY26 revenue and adjusted EBITDA guidance again, citing broad demand and continued margin improvement.
WCC reported record third-quarter results, with 17% organic sales growth and record adjusted EBITDA and EPS. Backlog reached records across all three business units. The company raised its FY26 sales, margin and EPS guidance, while keeping its cash flow guidance unchanged.
why it matters
Both reports point to steady demand for industrial services and infrastructure projects. Investors often watch for margin and order growth moving together, since that combination tends to support earnings expectations for the coming quarters.
market impact
APG and WCC shares: higher guidance and record backlog support earnings expectations.
- APG shares pressure up — raised FY26 guidance and growing backlog support earnings expectations
- WCC shares pressure up — record results and higher guidance support earnings expectations
tags
instruments
sources
- APG: Record backlog and strong organic growth drove another increase to FY26 guidance — TradingView, 29 October 2026 at 14:01 UTC
- WCC: Record growth and backlog drove a significant increase to FY26 guidance — TradingView, 29 October 2026 at 16:27 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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