Germany's Wacker Neuson Q1 revenue rises on European recovery

Wacker Neuson SE

07/05/2026 06:17

Overview

Germany light and compact equipment maker's Q1 revenue rose 20% yr/yr on European recovery

Q1 EBIT margin increased to 7.0% from 2.5% on higher sales and stable costs

Company confirmed 2026 guidance, citing strong demand for compact equipment

Outlook

Wacker Neuson expects 2026 revenue between EUR 2,200 mln and EUR 2,400 mln

Company sees 2026 EBIT margin in the range of 6.5% to 7.5%

Company expects net working capital ratio below 30% for 2026

Result Drivers

EUROPEAN RECOVERY - Co said significant revenue growth was driven by a noticeable recovery in key European markets

COMPACT EQUIPMENT DEMAND - Strong growth in compact equipment segment contributed to higher group revenue

EFFICIENCY MEASURES - Improved profitability attributed to implemented efficiency measures and stable operating costs, per CEO Dr. Karl Tragl

Company press release: ID:nEQ6WrDVXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
EUR 591.40 mln
EUR 586.80 mln (2 Analysts)
Q1 Net Income
EUR 28.10 mln
Q1 EBIT
EUR 41.50 mln
Q1 EBIT Margin
7.00%
Q1 Free Cash Flow
-EUR 2.60 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

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 heavy machinery & vehicles peer group is "buy."

Wall Street's median 12-month price target for Wacker Neuson SE is €21.00, about 7.6% above its May 6 closing price of €19.52

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 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.)