Kepler downgrades Interroll seeing sales improvement only in H2 2025

Interroll Holding AG

01/04/2025 10:11

** Kepler Cheuvreux cuts Swiss material-handling solutions manufacturer Interroll INRN.S to "reduce" from "hold", saying its revenues are bottoming out but not yet accelerating

** It says Interroll's market is starting to rebound with tenders getting bigger and an increase in customers

** However, higher order intake will take six to nine months to translate into higher revenues after the company started 2025 with a low backlog, the broker says

** Kepler therefore forecasts "another soft year" for Interroll, with revenue only improving in H2

** Shares are down 1.2% at 0909 GMT

** Out of seven analysts that cover Interroll, ​one rates the stock "buy", ​​four "hold" and two​ "strong sell" or "sell"

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))