NuWays sets SMAG price target at EUR 47, keeps Buy rating

Bitget2026/10/01 07:01

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NuWays reiterated its BUY rating on Smag Mobile Antenna Masts, setting a 12-month target price of EUR 47.
Q2 total output rose 31% to EUR 10.3 million; sales increased 4% to EUR 6.2 million as work in progress built.
Adjusted EBIT fell to EUR 200,000, a 1.9% margin, as staffing and capacity investment weighed on earnings.
A EUR 70 million defense-prime contract shifted volume into fixed backlog; fixed backlog reached EUR 182 million at end-June.
FY26 guidance was reiterated: EUR 55-60 million total output, 19-21% adjusted EBIT margin.

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. Smag Mobile Antenna Masts AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26946) on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NuWays sets SMAG price target at EUR 47, keeps Buy rating

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