Germany's Chapters Group prelim H1 EBITDA up 68%; lifts FY26 outlook

CHAPTERS AG

08/09/2026 10:15

Overview
Germany digital solutions provider's preliminary H1 pro-forma total output rose 26% yr/yr to about €106 mln
Pro-forma adjusted operating EBITDA grew 68% yr/yr to about €32 mln
Company raised FY26 outlook for organic EBITDA, total output and recurring revenue growth

Outlook
Chapters Group raises 2026 organic EBITDA growth outlook to high-thirties percent range
Company now expects 2026 organic growth in total output and recurring revenue in low-teens
Outlook for Public Sector & Enterprise segment organic revenue growth remains at high single digits

Result Drivers
AI AND AUTOMATION - Co said deployment of AI and automation, along with organizational simplification, contributed to improved performance across the group
FINANCIAL TECHNOLOGIES SEGMENT - Strong performance in Financial Technologies, driven by merger synergies and improved customer offering, was a key growth driver
END MARKET DEMAND - Co said strong end market demand supported performance, especially in Financial Technologies

Company press release: ID:nEQ8xvZfna

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Adjusted EBITDA
 
EUR 32 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for CHAPTERS Group AG is €55.00, about 17.8% above its September 7 closing price of €46.70

Reuters Recommended Reads
Sept 7 - German industrial output falls unexpectedly in July
Sept 7 - UK semiconductor supplier IQE's H1 revenue surges on photonics, wireless growth
Sept 7 - UK's Ashmore FY26 profit rises 17% as AuM grows 13%

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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.)