Germany's Brockhaus H1 prelim adjusted core loss narrows on cost-saving steps

Brockhaus Technologies AG

12/08/2026 18:51

Overview
Germany security technologies provider's preliminary H1 2026 revenue declined yr/yr from continuing operations
Preliminary adjusted EBITDA improved to €-0.5 mln, reflecting cost-saving measures
Company completed sale of Bikeleasing Group; purchase price adjustment pending

Outlook
Brockhaus Technologies maintains 2026 revenue forecast at €30 mln to €32 mln for continuing operations
Company continues to expect 2026 adjusted EBITDA of €0 mln to €2 mln for continuing operations

Result Drivers
COST SAVINGS - Co said adjusted EBITDA improved due to cost-saving measures
SEGMENT REVENUE - All revenue in H1 2026 came from the Security Technologies segment (IHSE)
DISCONTINUED OPERATIONS - Results from Bikeleasing Group now presented separately after sale completion

Company press release: ID:nEQ3pRPjxa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue From Contops
 
EUR 13.40 mln
 
H1 Adjusted EBITDA
 
-EUR 500,000
 
H1 Adjusted EBITDA Margin
 
-4.10%
 

Analyst Coverage
Wall Street's median 12-month price target for Brockhaus Technologies AG is €30.00, about 44.9% above its August 12 closing price of €20.70
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

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Aug 10 - Rapid7's Q2 revenue, adj EPS beat analyst estimates

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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.)