AlphaValue cuts Interroll to 'add' from 'buy' on more cautious outlook

Interroll Holding AG

18/03/2026 12:58

** AlphaValue downgrades Interroll Holding INRN.S to "add" from "buy", citing a more cautious 2026 outlook amid current market conditions

** The broker says it factors in continued foreign exchange headwinds for the Swiss material-handling solutions manufacturer as well as potential delays and execution risks in the Airport business

** It adds that ongoing geopolitical tensions impact air traffic, consumer sentiment and ultimately order intake

** Earlier this month, Interroll issued a broad market outlook for 2026 that was more cautious than the previous forecast from July 2025

** AlphaValue cuts Interroll's EPS estimate to CHF 74.8 from CHF 86.0 in 2026 on the background of the lower than expected 2025 earnings

** Despite the downgrade, the analysts say they continue to see positive momentum, supported by the strong order intake recorded in H2 2025, and a healthy book-to-bill ratio which should support revenue conversion in 2026

 (Reporting by Orest Dovhan)

 ((Orest.Dovhan@thomsonreuters.com))