Germany's Friedrich Vorwerk Q1 revenue rises

Friedrich Vorwerk Se

12/05/2026 06:37

Overview

Germany energy infrastructure firm's Q1 revenue rose 5% despite unfavorable weather

Q1 EBITDA margin improved by 9 percentage points to 22.8%

Earnings growth driven by higher value-added activities and joint venture profit shares

Outlook

Friedrich Vorwerk confirms 2026 revenue forecast of €730–780 mln

Company maintains 2026 EBITDA forecast of €160–180 mln

Company says high order backlog supports outlook for further growth

Result Drivers

ORDER BACKLOG AND WORKFORCE - Co said revenue growth was driven by a strong order backlog and continued workforce growth, despite unfavorable weather conditions

VALUE-ADDED ACTIVITIES AND JOINT VENTURES - Co attributed earnings growth to higher value-added activities and increased profit shares from joint ventures

Company press release: ID:nEQ57888sa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 139 mln
Q1 EBITDA
EUR 31.80 mln
Q1 EBITDA Margin
22.80%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy."

Wall Street's median 12-month price target for Friedrich Vorwerk Group SE is €110.50, about 40.5% above its May 11 closing price of €78.65

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 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.)