Indus H1 revenue rises on digital infra demand, lifts outlook
Indus H1 revenue rises on digital infra demand, lifts outlook
Overview
Germany investment company's H1 revenue rose 15.4% yr/yr, with growth across all segments
Company lifted 2026 revenue and adjusted EBITA guidance after strong H1 performance
Extraordinary tungsten carbide market conditions boosted Materials Solutions segment results
Outlook
INDUS raises 2026 revenue guidance to EUR 1.90 bln-2.10 bln from EUR 1.85 bln-2.05 bln
Company lifts 2026 adjusted EBITA forecast to EUR 220 mln-260 mln from EUR 160 mln-190 mln
INDUS expects 2026 adjusted EBITA margin of 11.0%-13.0%, up from prior 8.0%-10.0% forecast
Result Drivers
TUNGSTEN CARBIDE MARKET - Materials Solutions segment benefited from tight global supply and sharply higher tungsten carbide feedstock prices, driving stronger sales momentum
DIGITAL INFRASTRUCTURE DEMAND - Infrastructure segment earnings rose, driven primarily by the digital infrastructure sector
INCOMING ORDERS - Group-level incoming orders rose 22.5%, supported by positive trends in all segments
Company press release: ID:nEQbzqQpTa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 965.20 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the consumer goods conglomerates peer group is "buy"
Wall Street's median 12-month price target for Indus Holding AG is €40.00, about 32% above its August 11 closing price of €30.30
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago
Reuters Recommended Reads
Aug 11 - Germany's Norma Group Q2 adjusted EBIT more than triples
Aug 11 - Germany's STS Group H1 revenue rises 9.3%, EBITDA up 35%
Aug 11 - Sweden's Storskogen Q2 sales rise on organic growth
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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.)