Switzerland's Trifork Q2 revenue rises on Products segment growth, reiterates 2026 outlook
Switzerland's Trifork Q2 revenue rises on Products segment growth, reiterates 2026 outlook
Overview
Switzerland technology firm's Q2 revenue rose 6% yr/yr, adjusted EBITDA up 21%
Company reiterated 2026 financial guidance for revenue and adjusted EBITDA
Products segment organic revenue grew 23% ex. hardware, driving margin improvement
Outlook
Trifork maintains 2026 revenue guidance at EUR 230-240 mln, or 4-9% total growth
Company expects 2026 organic revenue growth of 7-11%
Trifork sees 2026 adj EBITDA at EUR 35-40 mln, margin of 15-17%
Result Drivers
PRODUCTS SEGMENT GROWTH - Organic revenue in Products segment rose 23% ex. hardware, driving margin improvement
PUBLIC SECTOR CONTRACTS - Public sector customers now account for half of revenue, with strong tender win rate supporting growth
NEW PRODUCTS AND AI FOCUS - Company launched new products and emphasized responsible AI implementations and secure data hosting
Company press release: ID:nGNEJtwXX
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | EUR 58.20 mln | EUR 59.55 mln (2 Analysts) |
Q2 EBIT | Miss | EUR 2.20 mln | EUR 4.30 mln (2 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Trifork Group AG is DKK115.00, about 5% below its August 14 closing price of DKK121.00
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 14 three months ago
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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.)
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