Montega reiterates buy on IBU-tec, sets EUR 25 price target
Reuters2026/08/25 07:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Montega reiterated a Buy rating on IBU-tec, setting a 12-month price target of EUR 25.
- H1 2026 revenue rose 3.9% to EUR 19.7 million; battery business grew 20.7% to EUR 5.9 million.
- EBITDA held at EUR 2 million; EBITDA margin stayed at 10.2%.
- Free cash flow reached EUR 9.8 million, supported by EUR 17.4 million milestone payments despite EUR 7.6 million capex.
- Montega said the LFP cathode plant build-out remains on track; spray tower trial operations are expected to start in Q4 2026.
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. IBU-tec advanced materials AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26634) on August 25, 2026, and is solely responsible for the information contained therein.
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