Germany's 11880 Solutions Q1 revenue stable amid challenging market conditions

11 88 0 Solutions AG

23/04/2026 07:24

Overview

Germany directory services firm's Q1 2026 revenue stable yr/yr amid challenging market conditions

Group EBITDA for Q1 2026 rose significantly compared to last year

Outlook

11880 Solutions expects 2026 consolidated revenue between EUR 50 mln and EUR 54 mln

Company forecasts 2026 EBITDA between EUR 2.6 mln and EUR 3.2 mln

Company will continue efficiency drive and optimize product portfolio in 2026

Result Drivers

DIGITAL BUSINESS CHALLENGES - Co said a sharp rise in insolvencies among target customers in Digital Business weighed on segment revenue

EFFICIENCY MEASURES - Co said improved group EBITDA was supported by ongoing efficiency efforts and product portfolio optimisation

PRODUCT DEVELOPMENT - Co said it aims to increase product appeal through additional offerings and service enhancements

Company press release: ID:nEQ6nnHlLa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 13.10 mln
Q1 Group EBITDA
EUR 0.8 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)