Germany's MS Industrie returns to profit in H1
Germany's MS Industrie returns to profit in H1
Overview
Germany technology group's half-year revenue was nearly flat yr/yr at EUR 75.8 mln
EBITDA rose 22% and company returned to profitability after prior-year loss
Operating cash flow rose over 150%, driven by improved earnings and working capital
Outlook
MS Industrie expects 2026 consolidated revenue of around EUR 155 mln and positive net income
Company says Charlotte facility ramp-up and U.S. large-engine orders support outlook
MS Industrie says defence sector is becoming increasingly important to its business
Result Drivers
TRANSFORMATION STRATEGY - Co said improved profitability and cash flow were due to its transformation strategy, including operational changes and focus on new markets
CHARLOTTE FACILITY RAMP-UP - Series production at new Charlotte, North Carolina facility contributed to improved results
ORDER INTAKE AND DEFENCE SECTOR - Secured orders in U.S. large-engine business and growing importance of defence sector supported results
Company press release: ID:nEQmF38Fa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 75.8 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."
Wall Street's median 12-month price target for MS Industrie AG is €2.20, about 81.8% above its August 24 closing price of €1.21
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago
Reuters Recommended Reads
Aug 24 - Battery materials maker IBU-tec H1 revenue rises on battery materials growth, confirms FY outlook
Aug 24 - Swiss industry fears tariff gap to European Union could hurt US exports
Aug 24 - Switzerland's Metall Zug H1 sales rise on organic growth across business units
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)