“As the only fully integrated maritime systems supplier in Europe, we are ideally positioned to meet the needs in all dimensions of our industry.” Sales are now expected to rise by two per cent to five per cent in 2026, from a previous range of minus one per cent to up to two per cent.
This compares with an average forecast of 2.9 per cent in an LSEG poll of banks and brokerages.
Sales in the October-to-December quarter – the first of its fiscal year – fell one per cent to €545 million ($649 million), while adjusted operating profit was little changed at €26 million, the group said, as it confirmed it is still targeting an operating margin of more than six per cent this year.
(Reporting by Christoph Steitz in Frankfurt and Tom Kaeckenhoff in Duesseldorf; Editing by Matthew Lewis, Ludwig Burger and Joe Bavier)