Austria's SBO 2025 sales miss on reduced customer spending

SBO AG

19/03/2026 06:15

Overview

Austria high-precision tech group's 2025 sales fell and missed analyst expectations

Net income and EPS declined yr/yr amid reduced demand in Precision Technology division

Company advanced diversification, acquiring 3T Additive Manufacturing and expanding into new markets

Outlook

Company expects subdued PT division sales in H1 2026, improvement seen in H2 2026

SBO sees growth opportunities in EE division from internationalization and new manufacturing centers

Company expects further growth in geothermal, CCS, lithium, helium, and additive manufacturing in 2026

Result Drivers

LOWER CUSTOMER DEMAND - Co said sales decline was mainly due to reduced customer spending and lower demand, especially in Precision Technology division

COST AND CAPACITY MEASURES - Targeted cost reductions and capacity adjustments in Precision Technology partially offset impact of lower sales

OPERATIONAL IMPROVEMENTS IN ENERGY EQUIPMENT - Profitability in Energy Equipment division increased due to operational and structural measures

Company press release: ID:nEQ4kcWLba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Miss
EUR 455.30 mln
EUR 483.80 mln (5 Analysts)
FY Net Income
EUR 23.60 mln
FY EBIT
EUR 38.50 mln
FY EBITDA
EUR 71 mln
FY Pretax Profit
EUR 32.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy"

Wall Street's median 12-month price target for SBO AG is €37.00, about 3.2% above its March 18 closing price of €35.85

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago

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.)