Switzerland's EDAG Q1 revenue falls 10.8%, EBIT positive

EDAG Engineering AG

07/05/2026 06:16

Overview

Switzerland engineering services firm's Q1 revenue fell 10.8% amid challenging market conditions

Company achieved positive EBIT and improved EBIT margin despite revenue decline

Restructuring, efficiency, and defence diversification contributed to business stabilization

Outlook

EDAG expects 2026 revenue to develop within a corridor of around +/- 5%

Company anticipates positive adjusted EBIT of up to around 3% for 2026

Planned investments for 2026 expected in a range of around 2 to 3%

Result Drivers

DEFENCE SEGMENT GROWTH - Co said Defence business recorded significant year-on-year revenue increase, contributing to business stabilization

SEGMENT PERFORMANCE - Vehicle Engineering and Electric/Electronics segments achieved significant EBIT increases despite declining revenues; Production Solutions segment saw lower revenue and earnings due to customer restraint in plant engineering projects

Company press release: ID:nEQ1F22nda

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EBIT
EUR 1.90 mln
Q1 EBIT Margin
1.10%
Q1 Orders
EUR 195.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Edag Engineering Group AG is €6.50, about 85.7% above its May 6 closing price of €3.50

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 10 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.)