Markets

Wacker Neuson Q3 EBIT Up

November 12, 2026 — 09:52 am EST

Written by RTTNews.com for RTTNews

(RTTNews) - Wacker Neuson SE (WAC.DE), a German manufacturer of light and compact machinery, on Thursday, reported an year-over-year increase in third quarter earnings on higher revenue. The company narrowed its fiscal 2026 EBIT margin forecast, while maintaining the revenue guidance.

Quarterly EBIT rose 10.4 percent to 45.6 million euros from 41.3 million euros last year.

On a per share basis, the earnings were 0.43 euro and 0.39 euro, respectively.

EBIT margin improved to 7.7 percent, up 0.2 percentage points, compared to the previous year's 7.5 percent.

Third quarter revenue in increased by 7.2 percent to 589.7 million euros from 550.3 million euros year ago.

Looking ahead to fiscal 2026, the company narrowed its EBIT margin view to range between 7.0 and 7.5 percent, lower than the previous forecast of 7.0 to 8.0 percent.

Revenue guidance for the year is however maintained at a range of 2.300 to 2.400 billion euros.

Wacker Neuson shares were losing 8.77 percent on the XETRA, trading at 20.90 euros.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Markets

Latest Articles
Data is currently not available