Earnings call transcript: Wacker Neuson shares fall after Q3 2026 update

Wacker Neuson reported a 13.9% increase in nine-month revenue to 1.85 billion euros, with EBIT rising to 150 million euros and margin improving to 8.1%. Investors, however, reacted negatively to a narrower full-year margin outlook and expected restructuring costs, causing the shares to fall 9.61% to $20.70. This brought the stock price closer to the lower end of its year range and below its 52-week high of $26.05.

The company still shows strong demand across key markets, with revenue growth of 13.9% year-over-year and an 8.1% EBIT margin. Management announced that full-year EBIT margin guidance was adjusted to 7.0% to 7.5% from 7.0% to 8.0%, reflecting softer third-quarter performance and one-off effects from optimization measures. The company's Strategy 2030 plan aims for 3.5 billion euros in revenue by 2030 and an EBIT margin above 11%.