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edding AG sells business unit Collaboration @ Work to Callista Asset Management
edding AG has sold the business unit Collaboration @ Work to Callista Asset Management 38 GmbH in a share deal. The purchase price is EUR 1.00; edding is additionally providing a seller loan, a restructuring contribution and will assume certain liabilities of the unit. The company is reviewing the impact on its annual forecast and intends to publish an update by the end of November. With the sale, edding completes its strategic portfolio review and intends to focus more on its more profitable core businesses in order to strengthen earnings power and company value. » Altro su finanzen.net
edding adjusts 2026 forecast and expects higher restructuring costs
The edding Group lowers its 2026 revenue forecast to EUR 138.0–150.0 million (previously EUR 139.0–154.0 million) while keeping the expected EBIT before special items unchanged at EUR 1.0–4.0 million. Special items for restructuring measures and the SAP-S/4HANA implementation are now estimated at EUR 7.0–9.0 million (previously EUR 2.0–5.0 million). Net income under HGB is now expected at EUR -2.0–0.0 million (previously a net profit of EUR 2.0–4.0 million). In the first half of 2026 the group generated consolidated net sales of EUR 71.5 million; in particular the Business Unit Collaboration @ Work fell short of expectations. » Altro su de.investing.com
Edding struggles with digitalization and a massive backlash after new product
The company behind the iconic Edding marker is being forced into a strategic shift by ongoing digitalization. A new product triggered a massive public backlash, worsening matters for the brand and management. Edding now faces the challenge of securing both innovation and brand trust at the same time. » Altro su faz.net
