Germany's Brockhaus 2025 preliminary revenue rises, EBITDA falls

Brockhaus Technologies AG

09/03/2026 22:33

Overview

Germany's tech firm reported preliminary 2025 revenue up 10%

Adjusted EBITDA for 2025 fell 29%

Outlook

Company did not provide specific guidance for 2026

Result Drivers

INVENTORY WRITE-DOWNS - Higher than expected write-downs on inventories in the Security Technologies segment impacted EBITDA

BIKE SALES UNDERPERFORMANCE - Lower than expected results from the sale of leased bicycles and e-bikes in the HR Benefit & Mobility Platform segment affected EBITDA

Company press release: ID:nEQ4dq3zKa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
EUR 225 mln
EUR 227 mln (1 Analyst)
FY Adjusted EBITDA
Miss
EUR 46 mln
EUR 50.90 mln (1 Analyst)
FY Adjusted EBITDA Margin
20.6%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment holding companies peer group is "buy."

Wall Street's median 12-month price target for Brockhaus Technologies AG is €40.00, about 138.8% above its March 9 closing price of €16.75

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)