Overview
Germany's light equipment maker's 2025 prelim revenue dipped 1%, while EBIT rose 8%
Profitability improved due to cost reductions, despite one-off Q4 legal and consulting costs
Company proposes dividend of EUR 0.70 per share, up from EUR 0.60 last year
Outlook
Wacker Neuson expects 2026 revenue between EUR 2.2 bln and EUR 2.4 bln
Company sees 2026 EBIT margin in the range of 6.5% to 7.5%
Wacker Neuson plans 2026 investments of EUR 70 mln to EUR 90 mln in property, plant and equipment and intangibles
Result Drivers
COST REDUCTIONS - Profitability improved due to operating cost reductions, with measures implemented in 2024 carrying through 2025
PRODUCT MIX SHIFT - Higher demand for excavators, dumpers, and light equipment offset weaker new machine sales and lower demand for skid steer loaders
ONE-OFF Q4 COSTS - Q4 earnings were burdened by one-off legal and consulting costs from takeover discussions, stock option plan provisions, and asset impairments
Company press release: ID:nEQbNlkB4a
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
EUR 77.20 mln
FY EBIT
EUR 132.40 mln
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 17.7% above its March 25 closing price of €17.84
The stock recently traded at 10 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.)