Germany's Wacker Neuson lifts 2026 outlook after prelim Q2 revenue rise

Wacker Neuson SE

17/07/2026 10:27

Overview
Germany light equipment maker's preliminary Q2 revenue rose 14% yr/yr
Preliminary Q2 EBIT grew 44% yr/yr, with margin rising to 9.5%
Company raised 2026 revenue and EBIT margin guidance on strong H1 performance

Outlook
Wacker Neuson raises 2026 revenue guidance to EUR 2.3 bln–2.4 bln, from EUR 2.2 bln–2.4 bln
Company lifts 2026 EBIT margin forecast to 7.0%–8.0%, from 6.5%–7.5%
Company expects net working capital ratio below strategic target of under 30% for 2026

Result Drivers
POSITIVE BUSINESS DEVELOPMENT - Co said improved business development in H1 2026 drove higher revenue and EBIT
STABLE MARKET CONDITIONS - Co cited a more stable market environment compared to previous years as supporting results

Company press release: ID:nEQd9xyDa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
EUR 665.10 mln
 
Q2 EBIT
 
EUR 63.20 mln
 
Q2 EBIT Margin
 
9.50%
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and 1 "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 Wacker Neuson SE is €21.00, about 6.1% above its July 16 closing price of €19.80
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

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(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.)