Germany's Allgeier prelim H1 revenue rises; confirms 2026 outlook
Germany's Allgeier prelim H1 revenue rises; confirms 2026 outlook
Overview
Germany technology firm's preliminary H1 revenue rose 10% yr/yr to EUR 162 mln
Adjusted EBITDA for H1 rose to EUR 17.6 mln, margin declined to 10.5%
Company confirms 2026 guidance and invests over EUR 10 mln in AI business solutions
Outlook
Allgeier sees 2026 revenue for continuing operations between EUR 335 mln and EUR 375 mln
Company expects 2026 adjusted EBITDA for continuing operations of EUR 46 mln to EUR 52 mln
Allgeier projects 2026 adjusted EBITDA margin of 13.0% to 13.5% for continuing operations
Result Drivers
AI INVESTMENTS - Co said subsidiaries are investing over EUR 10 mln in 2026 in adapting business models and modernizing products to address rising demand for AI-powered business process solutions
EXTRAORDINARY COSTS - Co incurred EUR 2.6 mln in extraordinary costs in H1, affecting reported EBITDA
Company press release: ID:nEQ3rYgNba
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Gross Profit |
| EUR 59 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Allgeier SE is €23.75, about 43.5% above its August 5 closing price of €16.55
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago
Reuters Recommended Reads
Aug 6 - Germany's GFT Technologies H1 revenue rises on AI demand, reiterates 2026 outlook
Aug 6 - Germany's 11880 Solutions H1 EBITDA jumps on administrative cost cuts
Aug 5 - Europe's established tech firms emerge as unexpected AI winners
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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.)