Masterflex nine-month revenue rises, outlook reaffirmed
Overview
Germany hose systems maker's nine-month revenue rose 3% yr/yr to EUR 82.2 mln
Operating EBIT for the period reached a record EUR 12.3 mln, up 1.9% yr/yr
Company reaffirmed its 2026 outlook, citing strong order backlog and strategic investments
Outlook
Masterflex reaffirms 2026 revenue guidance of EUR 103 mln to EUR 108 mln
Company expects 2026 EBIT between EUR 13 mln and EUR 16 mln
Masterflex expects start-up costs to have a slight negative impact on 2026 earnings
Result Drivers
MEDICAL AND FOOD DEMAND - Co said increased orders from medical technology and food industry customers drove revenue growth
GERMANY MARKET - Co said home market of Germany showed a significantly positive trend in revenue
START-UP COSTS - Co said moderate decline in EBIT margin was due to one-time start-up costs for Morocco facility
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
9M Revenue | EUR 82.20 mln | ||
9M Operating EBIT | EUR 12.30 mln |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "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 Masterflex SE is €19.25, about 47.5% above its November 3 closing price of €13.05
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago
Reuters Recommended Reads
Nov 3 - Evonik expects end-year demand to drive strong start to 2027
Nov 3 - Germany's WashTec 9M EBIT falls on implementation delays, one-off costs
Nov 4 - Fresenius raises 2026 outlook for second time after strong Q3
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.)