Switzerland's Montana Aerospace H1 revenue rises on aerostructures segment growth

Montana Aerospace AG

13/08/2026 06:16

Overview
Switzerland aerospace components supplier's H1 2026 revenue rose 11.7% yr/yr
H1 EBITDA grew 12.2% yr/yr, reflecting improved operating leverage
Company reaffirmed 2026 and 2027 guidance; evaluating potential share buyback

Outlook
Company re-confirms 2026 guidance for net sales over EUR 1 bln and adj EBITDA over EUR 185 mln
Montana Aerospace re-confirms 2027 guidance for net sales over EUR 1.1 bln and adj EBITDA over EUR 210 mln
Company expects to achieve net cash financial position by end-2026, supported by free cash flow and divestment proceeds

Result Drivers
AEROSTRUCTURES GROWTH - Higher production volumes and market share gains in the Aerostructures segment drove revenue and margin expansion
OPERATING LEVERAGE - Improved operating leverage and cost management supported profitability gains
ENERGY SEGMENT DIVESTMENT - Proceeds from the Energy segment divestment reduced net debt and strengthened the balance sheet

Company press release: ID:nPexKb1Gma

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
EUR 518.40 mln
 
H1 EBIT
 
EUR 40.10 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 12 - Singapore's ST Engineering H1 revenue, profit rise, partly on strength in commercial aerospace
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.)