Montega sets Knaus Tabbert buy rating with EUR 23 price target
Reuters2026/08/07 09:28- Montega reiterated a Buy rating on Knaus Tabbert on Aug. 7, 2026, setting a 12-month target price of EUR 23.
- H1 2026 revenue fell 11.9% to EUR 503.9 million; adjusted EBITDA rose 58.4% to EUR 36 million, lifting margin to 7.1%.
- Net profit swung to EUR 11.5 million from a loss of EUR 4.8 million, supported by cost cuts and lower depreciation.
- Guidance kept revenue at about EUR 950 million; adjusted EBITDA margin narrowed to 5%–6% from 5%–7%.
- Refinancing moved into focus with EUR 60 million Schuldschein due June 2027; net financial debt stood at EUR 295.6 million.
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