Germany's technotrans 9-month revenue falls; sees FY revenue at low end of forecast
Overview
Germany thermal management firm's nine-month revenue fell 4.2% yr/yr, EBIT margin improved to 7.2%
Quarterly revenue increased sequentially, with EBIT margin of 7.4%
Company refined 2026 revenue forecast to lower end of prior range, margin targets maintained
Outlook
Company expects 2026 revenue at lower end of €240 mln–€260 mln range
Company maintains 2026 EBIT margin target of 6.5%–8.5% and free cash flow above €10 mln
Company expects 2026 data centre revenue to triple versus 2025
Result Drivers
DATA CENTRE DEMAND - Co said increased demand from data centres drove revenue growth in Energy Management, with expanded production of Coolant Distribution Units
HEALTHCARE & ANALYTICS - Revenue in Healthcare & Analytics rose 6% in the nine-month period
PRINT AND PLASTICS - Co said Print and Plastics markets showed signs of stabilisation, though revenue remained below prior year
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
9M Revenue | EUR 175.70 mln | ||
9M EPS | EUR 1.12 | ||
9M EBIT Margin | 7.20% |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "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 technotrans SE is €38.00, about 38.2% above its November 9 closing price of €27.50
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 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.)