GBC lifts CENIT price target to EUR 14.15, keeps buy rating

• GBC set a “buy” rating on CENIT, cutting its price target to EUR 14.15 from EUR 16.00 on dilution from a capital increase.
• H1 2026 EBITDA rose to EUR 8.52 million from EUR 1.2 million as cost cuts lowered personnel expense to EUR 46.72 million.
• Revenue was broadly flat at EUR 104.66 million, up 0.9%, consistent with management’s 2026 outlook of at least EUR 210 million sales.
• CENIT launched a rights issue for 1,670,000 new shares at EUR 6.50, targeting EUR 10.88 million gross to buy remaining 25.1% of ISR.
• GBC modeled a higher DCF value of EUR 142.07 million, spread over 10,040,000 shares, leaving the rating unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CENIT AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26396) on August 05, 2026, and is solely responsible for the information contained therein.