Steyr Motors AG

Steyr Motors withdrew its 2027 revenue forecast after delays in international defence projects; the share price fell by more than 20% at one point. CEO Julian Cassutti states an order backlog of around €300 million through 2030, but acknowledges that only about two-thirds are legally binding and many agreements are framework deals or non-binding commitments. Half-year revenue was €22.8 million; management remains with a 2026 target range of €56–61 million (growth 15–25%), but achieving this requires accelerated draws from the pipeline. Concrete revenues from partnerships in India and Dubai have so far been small, while Singapore orders amounting to €65 million are said to be contractually fixed. » Więcej na wiwo.de

Steyr Motors reported a sharp profit decline for H1 2026: adjusted EBIT fell from EUR 3.4m to EUR 0.1m on revenue of EUR 22.8m. Delays in the defence sector pushed about EUR 10m of revenue into later periods and resulted in a lower-margin product mix, notably more marine engines. Liquid funds fell to EUR 0.3m, but management reports an order backlog of EUR 310m through 2030 and sees potential from new products such as the M12 unit and engines for unmanned systems. For H2 2026 the company expects significantly stronger results and forecasts 2026 revenue growth of 15–25% and an EBIT margin of 8–12%. » Więcej na de.investing.com

The executive board of Steyr Motors lowers its 2026 forecast due to delays in international defence projects; planned revenues of around EUR 10m in H1 could not be realized and are unlikely to be made up in the second half. Management now expects 2026 revenue growth of 15–25% (about EUR 56–61m) instead of the previously guided EUR 75–95m, and an EBIT margin of 8–12% instead of at least 15%. The mid-term forecast for 2027 (revenue around EUR 140m, EBIT around EUR 40m) is withdrawn because some revenue contributions will be delayed by one to two years, although demand remains intact. » Więcej na de.investing.com