PWO H1 FY26 EBIT before currency effects drops to EUR 7.3 million; revenue falls to EUR 252.7 million
Reuters2026/08/07 09:00- PWO posted first-half revenue of EUR 252.7 million, down 7.57% year on year, hit by lower tool revenue and EUR 5 million in currency headwinds.
- EBIT before currency effects fell 45.11% to EUR 7.3 million, while consolidated net income swung to EUR 0.1 million from EUR 5.4 million.
- Free cash flow more than quadrupled to EUR 3.3 million, while new business reached about EUR 363 million in lifetime volume.
- Management cited start-up and ramp-up costs for new series production, with revenue contribution expected to begin in 2027.
- The 2026 outlook was confirmed, with revenue seen at about EUR 500 million and EBIT before currency effects at EUR 13 million-EUR 17 million; capex was cut to about EUR 35 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs remains bullish on the South Korean stock market: Driven by the AI memory boom, with a potential upside of up to 80%.
Goldman Sachs strategist Timothy Moe maintains his bullish target on the South Korean stock market, believing that investors are underestimating how long the benefits of artificial intelligence (AI) will last for the country's memory chip manufacturers.
Oranjebtc cancels 25 million treasury shares without capital reduction
The Last Time Treasury Yields Hit 6%, Bitcoin Didn't Exist — What Happens If They Get There Again?
Crypto prices
More
