Germany's Softing Q1 revenue dips on prior year one-off, guidance confirmed

Softing AG

15/05/2026 07:39

Overview

Germany industrial automation firm's Q1 revenue slipped yr/yr as prior-year had extraordinary items

Q1 EBITDA rose yr/yr, but net profit and EBIT remained negative

Company reiterated 2026 revenue and EBIT guidance, citing stable incoming orders and recent acquisition

Outlook

Softing expects 2026 revenue between EUR 80 mln and EUR 85 mln

Company anticipates 2026 operating EBIT of EUR 3 mln to EUR 4 mln

Softing expects stronger performance in H2 2026 due to seasonal uplift and order intake

Result Drivers

AUTOMOTIVE SEGMENT - Revenue driven by mission-critical projects and customer base expansion, though prior-year extraordinary order was not repeated

INDUSTRIAL SEGMENT - Flat revenue as growth in high-margin software and process industry demand offset by economic weakness and discontinued non-strategic business

IT NETWORKS SEGMENT - Revenue and earnings weighed by sector-wide weakness, weather effects, one-off launch and discount costs

Company press release: ID:nEQ821SzGa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 21.5 mln
Q1 EPS
-EUR 0.11
Q1 Net Income
-EUR 1 mln
Q1 EBIT
-EUR 900,000
Q1 EBITDA
EUR 1.3 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the electronic equipment & parts peer group is "buy."

Wall Street's median 12-month price target for Softing AG is €4.20, about 68% above its May 14 closing price of €2.50

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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.)