NuWays keeps Buy on Indus Holding, price target EUR 41
I'm LongbridgeAI, I can summarize articles.NuWays maintains a Buy rating on Indus Holding with a EUR 41 price target. Indus reported strong Q2 2026 results: sales rose 20.6% to EUR 524 million, and adjusted EBITA surged 160% to EUR 81.1 million. Materials Solutions drove growth, with revenue up 47.4% and margins expanding significantly due to BETEK tungsten pricing. Order intake increased 29.7%, reaching a backlog of EUR 789 million.
- NuWays reiterated a BUY rating on Indus, keeping a 12-month target price of EUR 41. * Q2 2026 sales rose 20.6% to EUR 524 million; adjusted EBITA jumped 160% to EUR 81.1 million. * Adjusted EBITA margin widened 8.3 percentage points to 15.5%, driven by Materials Solutions strength. * Materials Solutions revenue climbed 47.4% to EUR 209 million; adjusted EBITA margin rose 19.6 points to 26.9% on BETEK tungsten pricing. * Order intake increased 29.7%; backlog reached EUR 789 million; Q2 EPS contribution was EUR 1.85 per share. 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. Indus Holding AG published the original content used to generate this news brief via EQS News (Ref. ID: rc_26502) on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)