Friedrich Vorwerk jumps after lifting EBITDA outlook

By Reuters News

** German energy infrastructure company Friedrich Vorwerk VH2.DE rises 4% in early Frankfurt trade after it hiked its 2026 EBITDA and revenue forecasts

** Friedrich Vorwerk raises its 2026 EBITDA outlook to €220-230 million (prev.: €180-200 million), after Q3 EBITDA rose 58% to €80.9 million ($90.77 million)

** A local trader says "especially strong EBITDA guidance is a bullish catalyst", but adds that "order backlog is slow, so the initial positive reaction could fade"

** The company reports end-Sept order backlog of €907.2 million, compared with €1.1 billion a year earlier

** Up to the previous session's close, shares were down about 18% this year

($1 = 0.8913 euros)

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