AutoStore

AutoStore Holdings reports double-digit revenue growth and margin improvements, driven by strong demand for robot-assisted warehouse solutions and a major Amazon contract. The company has launched a share buyback program that further defined the quarter. AutoStore’s technology increases space utilization and efficiency in distribution centers, resulting in cost reductions and fewer errors for customers. » Más en finanzen.net

AutoStore shares surged more than 21% to 16.82 NOK after Q2 results, driven by revenue and profit that clearly beat expectations. Revenue was $192m (+43% y/y) and net profit $43.8m. The company announced a global supply agreement with Amazon, a $75m share buyback programme and raised its full-year guidance to $700m. Record order intake (+45% y/y) and an order backlog of $596m provided strong visibility and prompted a revaluation of the stock. » Más en de.investing.com

AutoStore reported record Q2 revenue of $192 million, beating the forecast of $164.78 million. Order intake rose to $280 million and the order backlog to $596 million; gross margin was 72% and adjusted EBITDA margin 45%. The company raised its 2026 revenue guidance to around $700 million (+30%), announced a share buyback program of up to $75 million, and the stock climbed premarket near its 52-week high. » Más en de.investing.com