NuWays sets DO & CO target price at EUR 255, reiterates Buy
Reuters2026/08/13 07:01- NuWays reiterated a BUY on DO & CO, keeping its 12-month target price at EUR 255.
- Q1 sales rose 5% to EUR 642 million; EBIT increased 8% to EUR 57 million, lifting margin to 8.8%.
- Middle East disruption cut about EUR 40 million of sales; adjusted growth would have been about 11%.
- NuWays kept FY 26/27 guidance view intact: 6%-8% sales growth, 8.6%-9.0% EBIT margin.
- Growth expected to accelerate as new airline contracts ramp up; Middle East volumes returned to pre-conflict levels.
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