Germany's Friedrich Vorwerk H1 EBITDA jumps on strong order intake, raises 2026 EBITDA outlook
Germany's Friedrich Vorwerk H1 EBITDA jumps on strong order intake, raises 2026 EBITDA outlook
Overview
Germany energy infrastructure firm's H1 EBITDA rose 70% to €92.6 mln
Company raised 2026 EBITDA forecast to €180-200 mln; revenue outlook unchanged
Results driven by project execution and strong order intake
Outlook
Friedrich Vorwerk raises 2026 EBITDA forecast to €180-200 mln from €160-180 mln
Company maintains 2026 revenue guidance at €730-780 mln
Company says outlook remains positive for the rest of the year
Result Drivers
HIRING - Co said sustained recruiting success and 7% headcount growth supported business performance
PROJECT EXECUTION - Co cited successful project execution as a key driver of results
ORDER SITUATION - Co said excellent order situation and high order intake contributed to performance
Company press release: ID:nEQ6kp1Na
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 EBITDA |
| EUR 92.6 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for Friedrich Vorwerk Group SE is €110.50, about 59.9% above its July 21 closing price of €69.10
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago
Reuters Recommended Reads
July 21 - Germany's GEA Group raises 2026 outlook after Q2 preliminary results exceeded internal targets
July 20 - Germany's clearvise AG preliminary H1 revenue rises; confirms outlook
July 20 - Germany's IVU Traffic Technologies H1 profit jumps, raises FY EBIT outlook
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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.)