Switzerland's Montana Aerospace H1 sales rise on higher production volume

Montana Aerospace AG

13/08/2026 06:17

Overview
Switzerland aerospace components supplier's H1 net sales rose 11.7% yr/yr, driven by Aerostructures growth
Adjusted EBITDA for H1 rose 12.2%, reflecting improved operating leverage and execution
Company reaffirmed 2026 and 2027 guidance and is considering a potential share buyback program

Outlook
Montana Aerospace sees 2026 net sales of over EUR 1 bln and adj EBITDA over EUR 185 mln
Company re-confirms 2027 guidance: net sales over EUR 1.1 bln, adj EBITDA over EUR 210 mln
Company plans EUR 60-80 mln in capital expenditure over 2026-2027 to expand capacity

Result Drivers
AEROSTRUCTURES DEMAND - Higher production volumes and market share gains in Aerostructures segment drove net sales growth, reflecting strong customer demand
OPERATING LEVERAGE - Improved operating leverage and disciplined cost management contributed to margin expansion and profitability
ENERGY DIVESTMENT - Proceeds from Energy segment divestment strengthened balance sheet and enhanced financial flexibility

Company press release: ID:nPex2VZBda

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Adjusted EBITDA
 
EUR 1.10 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy."
Wall Street's median 12-month price target for Montana Aerospace AG is CHF30.00, about 15.6% above its August 12 closing price of CHF25.95
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 16 three months ago

Reuters Recommended Reads
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Aug 11 - Astronics Q2 revenue beats estimates on aerospace demand

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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.)