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VH2 — Friedrich Vorwerk Se News Story

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Friedrich Vorwerk jumps on upgraded outlook, Q3 beat

** Shares in Friedrich Vorwerk VH2.DE jump 16% as the firm's Q3 results came ahead of expectations and it raised its FY2025 guidance for the second time

** The pipeline manufacturer now expects an EBITDA margin between 20-22%, up from 17.5-18.5%

** "New Margin guidance reads especially strong," a trader says

** Jefferies notes that the new implied EBITDA mid-point of 140 million euros ($163.27 million) sits 19% above current consensus forecasts and 15% above the brokerage's estimates

** Stock on top of Germay's smallcap index .SDAXI and on track for best day since November 2023

($1 = 0.8575 euros)

(Reporting by Paolo Laudani and Zuzanna Szymanska)

((Paolo.laudani@thomsonreuters.com))

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