Vincorion raises 2026 revenue, margin targets after strong Q3
Vincorion raises 2026 revenue, margin targets after strong Q3 Oct 7 (Reuters) - Defence tech specialist Vincorion V1NC.DE lifted its full-year revenue and core-earnings margin target on Wednesday, citing "exceptionally strong" third-quarter results.
The German company now expects 2026 revenue of €323 million to €333 million ($361.28 million to $372.46 million), up from its previous target of €280 million to €320 million
It raised full-year outlook for earnings before interest and tax (EBIT) margin to 18.5% to 19.5% from its previous view of 18% to 19%
Preliminary third-quarter revenue jumped around 40% year-on-year to €87.50 million
"This increase is attributable to an exceptionally strong third quarter during a traditionally weaker summer season," the company said in a statement
Vincorion shares rose 3.4% at 14:08 GMT
($1 = €0.89)
(Reporting by Danny Callaghan; Editing by Joyjeet Das)
((Email: danny.callaghan@thomsonreuters.com))
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