Montega raises FACC price target to EUR 22, keeps buy rating

• Montega reiterated a buy rating on FACC, raising its 12-month target to EUR 22 from EUR 17.
• H1 revenue rose 8.6% to EUR 526.3 million; EBIT climbed 38% to EUR 25.3 million, lifting margin to 4.8%.
• Management guidance now calls for 10%-15% revenue growth; EBIT margin seen at 5.25%-6.25%.
• Montega cut its beta assumption to 1.3 from 1.6, lowering WACC to 7.4% from 8.38% on improved earnings visibility.
• Analysts see production-rate increases through 2028 underpinning volumes, targeting a mid-term group margin near 10% with drones adding earnings.

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. FACC AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26700) on September 01, 2026, and is solely responsible for the information contained therein.