Wacker Neuson H1 revenue, margins rise on Europe, N. America demand

Wacker Neuson SE

13/08/2026 06:14

Overview
Germany light equipment maker's H1 revenue grew 17% yr/yr, EBIT up 87%
EBIT margin improved to 8.3% from 5.2% on strong revenue and stable costs
Company confirmed raised 2026 guidance, citing robust demand in Europe and North America

Outlook
Wacker Neuson sees 2026 revenue between EUR 2.3 bln and EUR 2.4 bln
Company expects 2026 EBIT margin of 7.0-8.0%
Wacker Neuson anticipates weaker or stable H2 revenue amid ongoing geopolitical risks

Result Drivers
REGIONAL DEMAND - Co said significant demand recovery in Europe and North America drove revenue growth
COMPACT EQUIPMENT - Co cited strong growth in compact equipment, including telehandlers, wheel loaders, excavators and dumpers
AGRICULTURAL MACHINERY - Co reported agricultural machinery revenue rose 51% despite subdued overall market

Company press release: ID:nEQ2JF5Ja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 revenue
 
EUR 1,256.5 mln
 
H1 EBIT Margin
 
8.3%
 

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 0.5% below its August 12 closing price of €21.10
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 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.)