Germany's net digital prelim H1 revenue more than doubles, results beat expectations
Germany's net digital prelim H1 revenue more than doubles, results beat expectations
Overview
Germany digital services provider's preliminary H1 revenue rose to EUR 31 mln from EUR 13 mln
Preliminary H1 EBITDA increased to EUR 3.1-3.3 mln, exceeding internal expectations
Company says growth driven by all business divisions
Outlook
net digital expects 2026 full-year revenue of EUR 48-53 mln
Company forecasts 2026 EBITDA of EUR 4.7-5.2 mln
Management Board will review full-year forecast after final H1 figures are published in October
Result Drivers
BROAD-BASED GROWTH - Co said positive H1 results were driven across all business divisions
Company press release: ID:nEQ5C4fQYa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 31 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Net Digital AG is €36.55, about 114.4% above its August 25 closing price of €17.05
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago
Reuters Recommended Reads
Aug 25 - Germany's MPC Capital raises 2026 revenue, profit outlook
Aug 25 - IT service provider Tialis H1 revenue falls on delayed orders, contract losses
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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.)
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