Germany's FORTEC Elektronik cuts FY revenue outlook on weak data visualisation segment

Fortec Elektronik AG

24/03/2026 17:56

Overview

Germany electronics solutions provider's preliminary H1 revenue rose to EUR 37.7 mln from EUR 35.6 mln

Company cuts FY 2025/2026 revenue forecast to EUR 76-80 mln from EUR 80-85 mln

Outlook cut due to weak data visualisation segment, higher costs and one-off effects

Outlook

FORTEC Elektronik cuts 2025/2026 revenue forecast to EUR 76 mln-EUR 80 mln from EUR 80 mln-EUR 85 mln

Company expects 2025/2026 operating Group EBIT to be at break even

Result Drivers

WEAK DATA VISUALISATION SEGMENT - Co said evaluation of prelim HY figures showed continued economic weakness, especially in data visualisation (FORTEC Integrated and FORTEC US), will weigh on results

Company press release: ID:nEQ9m3f7Ga

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
EUR 37.7 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

Wall Street's median 12-month price target for Fortec Elektronik AG is €17.00, about 47.8% above its March 24 closing price of €11.50

The stock recently traded at 14 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.)