-+ 0.00%
-+ 0.00%
-+ 0.00%

Montega reiterates Buy on Bertrandt, sets EUR 18 price target

PUBT·08/05/2026 11:18:57
Listen to the news
Montega reiterates Buy on Bertrandt, sets EUR 18 price target
  • Montega reiterated a Buy rating on Bertrandt on Aug. 5, 2026, maintaining a 12-month target price of EUR 18.
  • Q3 total output fell 4.7% year-on-year to EUR 214.9 million, matching expectations as OEM project call-offs stayed weak.
  • EBIT improved to minus EUR 15.8 million from minus EUR 24.6 million, supported by the Fit-for-Future cost program.
  • Montega flagged annualized savings above EUR 120 million, citing headcount down about 9% to 11,537.
  • Report highlighted a strong order intake, growing defense business, forecast Q4 EBIT of EUR 8 million.


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. Bertrandt AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26404) on August 05, 2026, and is solely responsible for the information contained therein.