Germany's STS Group H1 revenue rises 9.3%, EBITDA up 35%
Germany's STS Group H1 revenue rises 9.3%, EBITDA up 35%
Overview
German automotive systems supplier's H1 2026 revenue rose 9.3% yr/yr to €156.8 mln
EBITDA increased 35% yr/yr, driven by China, Eurozone, and US plant
Company expects slower business dynamics in H2, confirms full-year targets
Outlook
STS Group confirms 2026 revenue guidance at €292 mln
Company expects 2026 EBITDA to be slightly above €23.0 mln
Result Drivers
CHINA GROWTH - Co said revenue growth was strongest in China, driven by rising demand from commercial vehicle customers
US PLANT STABILISATION - Co said operational stabilisation of its US plant made a significant contribution to Plastics segment growth
EFFICIENCY MEASURES - Co said improved earnings were partly due to positive cost effects from efficiency measures introduced in recent years
Company press release: ID:nEQ6Q4cc8a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 156.80 mln |
|
H1 EBITDA |
| EUR 14.90 mln |
|
H1 Net Debt |
| EUR 10.90 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."
Wall Street's median 12-month price target for STS Group AG is €10.70, about 263.9% above its August 10 closing price of €2.94
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 35 three months ago
Reuters Recommended Reads
Aug 11 - Germany's Norma Group Q2 adjusted EBIT more than triples
Aug 10 - Bosch's India unit posts higher first quarter profit on automotive demand
Aug 10 - Motorcar Parts of America Q1 sales fall; reaffirms FY outlook
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.)