Germany's Viscom Q1 revenue falls 27% on order timing

Viscom SE

12/05/2026 07:09

Overview

Germany automated inspection provider's Q1 revenue fell 27% yr/yr amid subdued start to 2026

Q1 EBIT turned negative, impacted by lower revenue and changed product mix

Order intake and backlog rose, management expects improved performance later in 2026

Outlook

Viscom confirms 2026 revenue guidance of €80 mln to €90 mln

Company maintains 2026 EBIT margin forecast of 2% to 5%, or €1.6 mln to €4.5 mln EBIT

Viscom expects revenue and earnings to improve later in 2026, citing robust order backlog

Result Drivers

ORDER TIMING - Co said lower Q1 revenue was mainly due to timing of order backlog processing, with more orders scheduled for later in the year

SEASONALITY - Co said business is subject to pronounced seasonality, with economic momentum typically strengthening over the course of the year

PRODUCT MIX - Co attributed negative EBIT in part to a changed product mix in Q1

Company press release: ID:nEQ3pkXD4a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 14.36 mln
Q1 EPS
-EUR 0.52
Q1 EBIT
-EUR 3.99 mln
Q1 EBIT Margin
-27.80%
Q1 Order Backlog
EUR 26.64 mln
Q1 Orders
EUR 21.81 mln


Analyst Coverage

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

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Viscom SE is €5.00, about 2% below its May 11 closing price of €5.10

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 8 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.)