Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
First Berlin reiterates Cantourage buy rating, keeps price target at EUR 11

First Berlin reiterates Cantourage buy rating, keeps price target at EUR 11

ReutersReuters2026/08/18 08:33
  • First Berlin reiterated its buy rating on Cantourage, keeping its EUR 11 target price on Aug. 18, 2026.
  • Q2 revenue fell 22% year over year to EUR 21.8 million as Germany shifted toward premium products, lifting gross margin to 36.4%.
  • EBITDA rose 45% to EUR 2.9 million, with margin at 13.1%, exceeding First Berlin’s 11.7% estimate.
  • UK and Poland growth pushed them above half of group revenue, reducing reliance on Germany, while net cash improved to EUR 9.3 million.


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. Cantourage Group SE published the original content used to generate this news brief via EQS News (Ref. ID: rc_26568) on August 18, 2026, and is solely responsible for the information contained therein.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!