Germany's technotrans 9-month revenue falls; sees FY revenue at low end of forecast

By Reuters News


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


Reuters Recommended Reads

  • Nov 9 - Germany's GEA Group Q3 revenue rises, maintains 2026 forecast

  • Nov 9 - EU sues IBM, two European companies over border system woes

  • Nov 9 - Euro zone investor morale dips in November, Sentix survey shows


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.)

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