Germany's aap Implantate Q3 revenue rises on US growth

By Reuters News


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


Reuters Recommended Reads

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  • Nov 9 - OraSure Technologies Q3 revenue rises, gross margin improves

  • Nov 9 - Oncology firm Delcath Systems' Q3 revenue beats on Hepzato growth


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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