Viscom H1 revenue falls on subdued investment activity
Viscom H1 revenue falls on subdued investment activity
Overview
Germany inspection systems maker's H1 revenue fell 6% yr/yr amid weak Q1
Company posted H1 operating loss, citing low Q1 revenue and product mix change
Order intake rose 30% and order backlog jumped 62%, driven by battery cell inspection demand
Outlook
Viscom confirms 2026 revenue guidance of €80 mln to €90 mln
Company expects 2026 order intake between €90 mln and €100 mln
Viscom sees 2026 EBIT margin at 2% to 5%, or EBIT of €1.6 mln to €4.5 mln
Result Drivers
WEAK Q1 REVENUE - Co said lower H1 revenue was mainly due to subdued investment activity and weak revenue recognition in the first quarter
BATTERY CELL INSPECTION DEMAND - Major order in inline CT inspection for battery cell applications drove order intake growth
REGIONAL DEMAND VARIATION - Europe saw continued reluctance to invest, while North America and Asia showed more dynamic demand, especially for AI hardware, battery cell manufacturing and aerospace & security
Company press release: ID:nEQ95GWrva
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 36.95 mln |
|
H1 Loss Per Share |
| EUR 0.41 |
|
H1 EBIT |
| -EUR 2.53 mln |
|
H1 EBIT Margin |
| -6.90% |
|
H1 Order Backlog |
| EUR 37.96 mln |
|
H1 Orders |
| EUR 55.72 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 €8.00, about 62.3% above its August 11 closing price of €4.93
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 26 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.)