Germany's aap Implantate Q3 revenue rises on US growth
Overview
Germany medical device maker's Q3 revenue rose 2% yr/yr to EUR 3.3 mln
Company's U.S. business grew 2% in local currency in Q3
EBITDA for first nine months stayed above break-even, reflecting operational improvements
Outlook
Company expects to further reduce cumulative revenue shortfall in Q4
aap sees progress and additional growth in APAC in Q4
Company began Q4 with highest monthly order intake of the year in U.S.
Result Drivers
U.S. GROWTH - Co said U.S. business grew 2% in local currency in Q3, building on a strong prior-year quarter
EMEA RECOVERY - Revenue in EMEA region rose 3% in Q3, with significant recovery in the Middle East and new product growth in Spain and Portugal
LATAM STABILITY - LATAM revenue matched prior-year's strong Q3, as expanded product portfolio and new markets offset high one-time orders in 2025
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | EUR 3.30 mln |
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for Aap Implantate AG is €1.68, about 19.1% above its November 9 closing price of €1.41
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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.)