Indutrade tops STOXX 600 after Q2 beat, record order intake

Indutrade AB

16/07/2026 08:26

** Shares in Indutrade INDT.ST jump 10% to the top of the pan-European STOXX 600 .STOXX index after the Swedish industrial technology group reported second-quarter results above analysts' expectations
** SB1 Markets says the company delivered stronger than expected results, with accelerating organic growth, record orders and solid margins likely to drive consensus upgrades and a better second-half outlook
** "We estimate that the consensus forecasts for EBITA in 2026 will be raised by 3-5% and for 2027 by 2-4%, driven by the first organic growth acceleration in two years and the record-breaking order book," the broker says 
** Shares are on track for their best day in almost three months 
     

(Reporting by Jesus Calero)
((jesus.calero@thomsonreuters.com))