First Berlin reiterates Buy on Cabka, keeps target at EUR 3.4

• First Berlin Equity Research reiterated a Buy rating on Cabka, maintaining a EUR 3.4 12-month target price.
• The firm cited H1 sales up 6% year over year to EUR 96 million, viewing margin expansion as the bigger driver.
• Gross margin rose 220 basis points to 51.9%; EBITDA climbed about 50% to EUR 13.6 million, lifting the EBITDA margin to 14.2%.
• Europe led growth; product mix, operating leverage, and benefits from the Shift program supported the earnings improvement.
• Management flagged a late-Q2 pause in customer CapEx decisions amid higher polymer and energy prices; ordering later recovered, guidance stayed 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. Cabka NV published the original content used to generate this news brief via EQS News (Ref. ID: rc_26572) on August 18, 2026, and is solely responsible for the information contained therein.