Story
Wacker Neuson Lifts 2026 Forecast on Strong Q2 Revenue and Profit Growth
Summary
The German equipment maker raised its full-year revenue and EBIT margin guidance after preliminary second-quarter results showed a 14% rise in revenue and a 44% jump in operating profit.
Wacker Neuson SE, the German light and compact equipment manufacturer, raised its financial guidance for the full year 2026, citing strong preliminary results for the second quarter that showed significant growth in both revenue and profitability.
Upgraded Full-Year Outlook
The company now projects its 2026 revenue to be between €2.3 billion and €2.4 billion, raising the lower end of its previous forecast of €2.2 billion to €2.4 billion. This adjustment signals management's increased confidence in demand for the remainder of the year.
Alongside the revenue update, Wacker Neuson also lifted its outlook for its earnings before interest and taxes (EBIT) margin. The company now expects the key profitability metric to land between 7.0% and 8.0%, an increase from the prior guidance of 6.5% to 7.5%.
According to the company's statement on Friday, the improved forecast is based on stronger-than-expected business development in the first half of the year and a market environment that has proven more stable compared to previous years.
Strong Second-Quarter Performance
AdThe upgraded guidance was driven by a robust second quarter, based on preliminary figures. The results indicate strong operational performance and improving profitability for the equipment maker.
Key preliminary results for the second quarter include:
- Revenue: €665.10 million, a 14% increase compared to the same period last year.
- EBIT: €63.20 million, representing a 44% year-over-year jump.
- EBIT Margin: 9.5%, a significant expansion that reflects improved operational efficiency.
Wacker Neuson also noted that it expects its net working capital ratio to remain below its strategic target of 30% for the full year, suggesting effective management of its balance sheet.
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